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Volkseigenes Gut
The
Volkseigenes Gut
(
German
for People-Owned Property; abbreviated
VEG
) was a state-owned
farm
in the Communist
German Democratic Republic
(GDR), corresponding to the Soviet
Sovkhoz
and the
Panstwowe Gospodarstwo Rolne
in the
People's Republic of Poland
. In contrast to the
Landwirtschaftliche Produktionsgenossenschaft
(LPG) or collective farm, another form of state agricultural enterprise, the VEGs were often the successors to former private farms which resulted from the land reform in the
Soviet sector of Germany
mandated in the
Potsdam Agreement
of 1945.
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