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The economy of the Soviet Union had considerable drawbacks. 1_______. Second, for a long period of time investment resources were directed into heavy manufacturing at the expense of consumer or light industry. Third, the pricing system was not based on the market mechanism of supply and demand, and that produced anomalies. For example, the price of bread was below the cost of the wheat used to produce it. 2_______. Fourth, the bureaucratic system and the strong emphasis on meeting targets hindered the introduction of new technologies that could improve productivity. 3_______. Moreover, the state monopoly over production resulted in poor quality of Soviet goods and services. And then, though Soviet economic growth rates were impressive (between the 1950s and 1975, the Soviet gross national product (GNP) increased by 5 percent per year, which was more than in the United States), the country still lagged behind the developed countries. 4_______.