Abstract

The December 1969 Plenum of the CPSU Central Committee decisively emphasized that an increase in the effectiveness of production, based on comprehensive utilization of intensive factors of economic growth, is an urgent task, both economically and politically, for the further development of our country. At the present time, there is broad discussion by collectives at Soviet enterprises on the letter, addressed to all working people in the Soviet Union, from the Party Central Committee, the USSR Council of Ministers, the All-Union Central Council of Trade Unions, and the Central Committee of the Komsomol, On the Improved Utilization of Production Reserves and the Intensification of the Regime of Economy in the National Economy; the collectives are discovering new ways of increasing the productivity of social labor, improving the quality of production, and economizing on production resources, including fixed productive capital. In the process, output-capital ratio indices of individual enterprises and bran...

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