The Soviet system refers to the political and economic structure of the former Soviet Union, which existed from 1922 to 1991. It was characterized by a one-party state led by the Communist Party, where the government controlled all aspects of life, including the economy, media, and education. The system aimed to create a classless society through state ownership of resources and centralized planning. Under the Soviet system, the economy operated on a planned basis, meaning that production and distribution were determined by government plans rather than market forces. This approach led to significant industrial growth but also resulted in inefficiencies and shortages. The system ultimately faced challenges, contributing to its collapse in the early 1990s.