People's Economic Council
Encyclopedia
The People's Economic Council (German: Volkswirtschaftsrat (VWR)) of the German Democratic Republic was established in July 1961 as a successor to the Department of Industry and the Department for Material Supply, both of which had previously been subordinate to the State Plan Commission. The purpose of the Council was to serve as an independent "central state body" for the management of industry, national and local, and to determine how to allocate the means of production
within the country.
The Council was represented in the Council of Ministers of the German Democratic Republic
, serving in the capacity of a Ministry of Industry
, managing the executive administration of industrial planning. The Council drafted on the basis of the decisions of the Council of Ministers, the Perspektivplanes, the guide ratios and the guidelines of the State Plan Commission the annual plan for the industry, and realized through its industry units, and VVB the economic councils of the districts in the industry, the Code of the SED and the government established principles of economic policy.
The individual sections of the industry were VWR for the preparation and reporting of the annual plan of its economic sphere fully responsible and led the associated VVB, scientific institutes and design offices in compliance with the responsibility and independence of VVB. The VWR had with the economic resources instances economy and district councils the right to. Alfred Neumann
was appointed to the first head of the People's Economic Council.
It proved in the course of development as appropriate to the growing industry of a VWR from them. Therefore the Council of Ministers decided on 22 December 1965, the VWR disband and for the central management of the industrial areas of industry ministries.
Means of production
Means of production refers to physical, non-human inputs used in production—the factories, machines, and tools used to produce wealth — along with both infrastructural capital and natural capital. This includes the classical factors of production minus financial capital and minus human capital...
within the country.
The Council was represented in the Council of Ministers of the German Democratic Republic
Ministerrat
The Council of Ministers of the German Democratic Republic was the chief executive body of East Germany from November 1950 until the GDR was unified with the Federal Republic of Germany on 3 October 1990...
, serving in the capacity of a Ministry of Industry
Ministry of Industry
Ministry of Industry may refer to:* Ministry of Industry and Energy * Ministry of Defence Industry of Azerbaijan* Ministry of Industry, Mining and Energy * Ministry of Industry...
, managing the executive administration of industrial planning. The Council drafted on the basis of the decisions of the Council of Ministers, the Perspektivplanes, the guide ratios and the guidelines of the State Plan Commission the annual plan for the industry, and realized through its industry units, and VVB the economic councils of the districts in the industry, the Code of the SED and the government established principles of economic policy.
The individual sections of the industry were VWR for the preparation and reporting of the annual plan of its economic sphere fully responsible and led the associated VVB, scientific institutes and design offices in compliance with the responsibility and independence of VVB. The VWR had with the economic resources instances economy and district councils the right to. Alfred Neumann
Alfred Neumann (East Germany)
Alfred "Ali" Neumann was a member of the Politburo of the Central Committee of the Socialist Unity Party of Germany, and for a short time, he was East German Minister of Materials Management.-Life:...
was appointed to the first head of the People's Economic Council.
It proved in the course of development as appropriate to the growing industry of a VWR from them. Therefore the Council of Ministers decided on 22 December 1965, the VWR disband and for the central management of the industrial areas of industry ministries.