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Nationalization In Romania
The nationalization of the means of production was a measure taken by Romania's new Communist authorities in order to lay the foundation of socialism. The act that allowed this measure to take place was Law 119, adopted by the Great National Assembly on June 11, 1948. Article 1 decreed subject to nationalization "all the wealth of the soil not in the property of the state at the time of entry into force of the Constitution of the Romanian People's Republic, as well as individual enterprises, societies of any type and private industrial, bank, insurance, mining, transport and telecommunications associations". Nationalized (generally without any form of compensation) were 8,894 industrial, mining, transport, banking and insurance companies, followed in November 1948 by 383 cinemas and medical-sanitary facilities. By 1950, the measure was applied to chemical enterprises, pharmacies and remaining economic entities. The nationalization also included a significant number of homes. The f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Means Of Production
The means of production is a term which describes land, labor and capital that can be used to produce products (such as goods or services); however, the term can also refer to anything that is used to produce products. It can also be used as an abbreviation of the "means of production and distribution" which additionally includes the logistical distribution and delivery of products, generally through distributors, or as an abbreviation of the "means of production, distribution, and exchange" which further includes the exchange of distributed products, generally to consumers. This concept is used throughout fields of study including politics, economics, and sociology to discuss, broadly, the relationship between anything that can have productive use, its ownership, and the constituent social parts needed to produce it. Industrial production From the perspective of a firm, a firm uses its capital goods, which are also known as tangible assets as they are physical in nature ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romania
Romania ( ; ro, România ) is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, Moldova to the east, and the Black Sea to the southeast. It has a predominantly temperate-continental climate, and an area of , with a population of around 19 million. Romania is the twelfth-largest country in Europe and the sixth-most populous member state of the European Union. Its capital and largest city is Bucharest, followed by Iași, Cluj-Napoca, Timișoara, Constanța, Craiova, Brașov, and Galați. The Danube, Europe's second-longest river, rises in Germany's Black Forest and flows in a southeasterly direction for , before emptying into Romania's Danube Delta. The Carpathian Mountains, which cross Romania from the north to the southwest, include Moldoveanu Peak, at an altitude of . Settlement in what is now Romania began in the Lower Paleolithic, with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Romanian Communist Party
The Romanian Communist Party ( ro, Partidul Comunist Român, , PCR) was a communist party in Romania. The successor to the pro-Bolshevik wing of the Socialist Party of Romania, it gave ideological endorsement to a communist revolution that would replace the social system of the Kingdom of Romania. After being outlawed in 1924, the PCR remained a minor and illegal grouping for much of the interwar period and submitted to direct Comintern control. During the 1920s and the 1930s, most of its activists were imprisoned or took refuge in the Soviet Union, which led to the creation of competing factions that at times came in open conflict. That did not prevent the party from participating in the political life of the country through various front organizations, most notably the Peasant Workers' Bloc. During the mid 1930s, as a result of the purges against the Iron Guard, the party was on the road to achieving power, but this was crushed by the dictatorship of king Carol II. In the per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great National Assembly (Socialist Republic Of Romania)
, disbanded = 1989 , succeeded_by = Parliament of Romania (Chamber of Deputies and the Senate) , leader1_type = , leader1 = , leader2_type = , leader2 = , members = 369 , committees = , house1 = , house2 = , house3 = , voting_system1 = Direct show elections , voting_system2 = , last_election1 = , last_election2 = , session_room = Palatul Camerei Deputatilor1.jpg , session_res = , meeting_place = Palatul Adunării Deputaților , website = , footnotes = The Great National Assembly ( ro, Marea Adunare Națională; MAN) was the legislature of the Socialist Republic of Romania (known as the Romanian People's Republic before 1965). After the overthrow of Communism in Romania in December 1989, the Great National Assembly was dissolved by decree of the National Salvation Front (FSN) and eventually replaced by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1948 Constitution Of Romania
The 1948 Constitution of Romania was the first adopted after the establishment of the Communist regime, which it enshrined into law. It was modelled on the 1936 Soviet Constitution and adopted by the Great National Assembly (MAN) on April 13, 1948, being published in ''Monitorul Oficial'' the same day. The Romanian People's Republic was defined as a “unitary and sovereign people's state” that “came into being through a struggle led by the people, the working class at their head, against fascism, reaction and imperialism”.Stoica, pp.91-2 It proclaimed the principle of the sovereignty of the people, who “exercises its power through representative organs, elected by universal, equal, direct and secret vote”. In reality, because a single party, the Romanian Workers' Party, controlled all the levers of power, this principle was never put into practice. In a first for a constitutional act in Romania, provisions were introduced dealing with the socio-economic structure of so ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collectivization In Romania
__NOTOC__ The collectivization of agriculture in Romania took place in the early years of the Socialist Republic of Romania, Communist regime. The initiative sought to bring about a thorough transformation in the property regime and organization of labor in agriculture. According to some authors, such as United States, US anthropologist David Kideckel, Collective farming, agricultural collectivization was a "response to the objective circumstances" in postwar Romania, rather than an ideologically motivated enterprise. Unlike the Stalinism, Stalinist model Collectivization in the Soviet Union, applied in the Soviet Union in the 1930s, the collectivization was not achieved by mass liquidation of wealthy peasants, starvation, or agricultural sabotage, but was accomplished gradually. This often included significant violence and destruction as employed by cadres, or Party representatives. The program was launched at the plenary of the Central Committee of the Romanian Communist Party, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fondul Proprietatea
Fondul Proprietatea is a joint-stock company established by the Romanian state, and is intended to become entirely private and independent from the state. Its specificity lies in the fact that its purpose and its operations are governed by special legislation. Shareholders are limited to those dispossessed owners of their property by the Romanian state during the Communist regime. Origin Romania is a country of the former Eastern Soviet bloc where a very large number of properties (factories, enterprises, houses, apartments, buildings, churches and lands) were confiscated during the Communist Romania era. The state would appropriate illegally, using abusive decrees, the most important being decree nr 92 of 1950, or by means of coercion, more than 400,000 buildings out of which more than 150,000 have been destroyed. In 1995, under the presidency of Ion Iliescu, a law allowed tenants to buy from the Romanian State, at very low cost, real estates built before 1945 that did no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Socialist Republic Of Romania
The economy of the Socialist Republic of Romania was centrally planned, similar to the one of the Soviet Union. Most of the means of production (including all large and medium enterprises) were owned by the state, which established production plans as part of the Five-Year Plans. The economy grew between the 1950s and 1970s at one of the fastest rates in the world, changing Romania from a predominantly agricultural country into an industrialized country. Almost 30% of the population moved during this period from rural to urban areas to work in the newly built factories. During the 1980s, dictator Nicolae Ceaușescu pursued an austerity policy in order to pay foreign debts, leading to a decade-long stagnation and negatively affecting the living standards of the Romanians. Pre-Socialist Romania Interwar Romania was one of the least developed countries in Europe, having a per capita income of less than half the one of Czechoslovakia.Crowther, p.55 Despite having mineral re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nationalization
Nationalization (nationalisation in British English) is the process of transforming privately-owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization usually refers to private assets or to assets owned by lower levels of government (such as municipalities) being transferred to the state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization. Industries often subject to nationalization include the commanding heights of the economy – telecommunications, electric power, fossil fuels, railways, airlines, iron ore, media, postal services, banks, and water – though, in many jurisdictions, many such entities have no history of private ownership. Nationalization may occur with or without financial compensation to the former ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SovRom
The SovRoms (plural of ''SovRom'') were economic enterprises established in Romania following the communist takeover at the end of World War II, in place until 1954–1956 (when they were dissolved by the Romanian authorities). In theory, SovRoms were joint Romanian-Soviet ventures aimed at generating revenue for reconstruction, and were created on a half-share basis in respect to the two states; however, they were mainly designed as a means to ensure resources for the Soviet side, and generally contributed to draining Romania's resources (in addition to the war reparations demanded by the armistice convention of 1944 and the Paris Peace Treaties, which had been set at 300 million United States dollars—''see Romania during World War II''). The Soviet contribution in creating the SovRoms lay mostly in reselling leftover German equipment to Romania, which was systematically overvalued. History Creation, structure, and effects An agreement between the two countries regardi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Socialist Republic Of Romania
The Socialist Republic of Romania ( ro, Republica Socialistă România, RSR) was a Marxist–Leninist one-party socialist state that existed officially in Romania from 1947 to 1989. From 1947 to 1965, the state was known as the Romanian People's Republic (, RPR). The country was an Eastern Bloc state and a member of the Warsaw Pact with a dominant role for the Romanian Communist Party enshrined in its constitutions. Geographically, RSR was bordered by the Black Sea to the east, the Soviet Union (via the Ukrainian and Moldavian SSRs) to the north and east, Hungary and Yugoslavia (via SR Serbia) to the west, and Bulgaria to the south. As World War II ended, Romania, a former Axis member which had overthrown the Axis, was occupied by the Soviet Union, the sole representative of the Allies. On 6 March 1945, after mass demonstrations by communist sympathizers and political pressure from the Soviet representative of the Allied Control Commission, a new pro-Soviet government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Romania
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. How ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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