Economy Of Hungary During the two decades following World War II, Hungary was transformed from a predominantly agricultural land into an industrial-agricultural state. This transformation was carried out under a system of central planning patterned on that of the Soviet Union. Consumer desires were ignored, tight labor discipline was enforced, and living standards were depressed, so that the largest possible share of Hungary's resources could ... yearly rate of 5.8 percent; the respective figures for industry and agriculture were 6.9 percent and 1.2 percent. The share of Hungary's NMP contribu...

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