What characterized the soviet state

A totalitarian political system with one-party rule, with no competitive democratic elections. The Soviet state was also characterized by a central command economy with no private property, no private companies and all major economic decisions were made by bureaucrats in charge of a planning system, and the state made all decisions on prices and allocation of resources in the economy.

Explanation:

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.