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Economy 1976
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Economy
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File: 05 Society and Power/Economy 1976.md (4406 bytes)
--- title: Economy 1976 tags: - moravska/society aliases: - Economy - Five-Year Plan - Output updated: 2026-11-04 status: canon --- # Economy 1976 Moravska has a planned economy. The state owns the mines, the plants, the ships, and the shops. A plan sets every number. The year 1976 is the first year of the sixth five-year plan (1976 to 1980). ## The size of the economy | Measure | Value (1976) | | --- | --- | | National income | 9.6 billion leva | | Industrial output | 61 percent of national income | | Farm output | 19 percent of national income | | Employed people | 1.41 million | | State budget | 3.9 billion leva | | Foreign debt to the West | 1.06 billion US dollars | | Mean monthly wage | 176 leva | ## The plan numbers | Target | 1975 result | 1980 target | Change | | --- | --- | --- | --- | | Refined copper | 96,000 t | 113,000 t | +18 percent | | Cable | 41,000 t | 50,000 t | +22 percent | | Canned food | 188,000 t | 210,000 t | +12 percent | | Wine | 61 million litres | 70 million litres | +15 percent | | Ship tonnage built | 74,000 t | 92,000 t | +24 percent | | Resort beds | 9,400 | 12,000 | +28 percent | | Farm output | 100 (index) | 118 | +18 percent | > [!warning] The copper limit > The plan assumes 1.9 million tonnes of ore each year. The known reserve supports 8 more years at that rate. The ministry knows the number. The plan does not print it. The Soviet credit takes another 25,000 tonnes of copper a year. ## Exports | Export | Share of value | | --- | --- | | Refined copper and cable | 44 percent | | Canned food, oil, wine | 21 percent | | Ships and repair work | 13 percent | | Tourism | 5 percent | | Timber, salt, other | 17 percent | ## Imports | Import | Share of value | Source | | --- | --- | --- | | Crude oil and fuel | 27 percent | Soviet Union | | Iron ore, coke, steel | 18 percent | Soviet Union, Poland | | Machines and tractors | 16 percent | Soviet Union, East Germany | | Cotton and yarn | 9 percent | Soviet Union, Turkey | | Grain, in a bad year | 7 percent | Danube trade, Soviet Union | | Consumer goods | 6 percent | COMECON, some West | | Other | 17 percent | Mixed | ## Trade partners | Partner | Share of trade | | --- | --- | | Soviet Union | 52 percent | | East Germany | 11 percent | | Poland | 7 percent | | Czechoslovakia | 6 percent | | Romania | 4 percent | | Bulgaria | 4 percent | | Non-bloc countries | 16 percent | See [[Trade and Comecon]] for the rules of exchange. ## The wage | Post | Monthly wage (leva) | | --- | --- | | Cleaner | 110 | | Shop assistant | 130 | | Smelter | 168 | | Teacher | 190 | | Foreman | 240 | | Plant director | 410 | | Fleet captain | 670, plus a foreign allowance | | Council member | 800 | A kilo of bread costs 0.22 leva. A kilo of meat costs 2.40 leva. A pair of shoes costs 38 leva. A television costs 620 leva and a 2-year wait. ## Soft budget A plant cannot fail. The state covers a loss. This is called a soft budget. The soft budget has three results. 1. A plant asks for more input than it needs. The extra input is a reserve. 2. A plant hides a capacity. A hidden capacity protects the next target. 3. A plant reports a good number and delivers a bad product. The party attacks the third result in every speech. The party also sets a target that rewards the number. ## The second economy About 12 percent of all goods and services move outside the plan. The trade is repair work, private building, food from a plot, and foreign goods. The state calls it "the small circle". See [[Prestizh and the Black Market]]. ## Regional product | Region | Share of output | Main product | | --- | --- | --- | | Kraybrezhie | 54 percent | Ships, cable, canning, tourism | | Kervan Foothills | 28 percent | Copper, timber, tobacco | | Zala Plain | 16 percent | Grain, wine, sunflower | | Southern Marches | 2 percent | Sheep, salt, border trade | The Marches produce 2 percent and hold 11 percent of the people. The gap feeds the [[Regional Divides|regional divide]]. ## Problems in 1976 - The copper price on the world market fell 31 percent since 1974. - The Soviet oil price rose in the same period. - The trade terms turned against Moravska. - The resort season pays for the winter. A wet August empties the budget. - The fleet is old. A repair costs more each year. ## Other notes - [[Natural Resources]] - [[Workers and Farmers]] - [[Trade and Comecon]]