Link: https://en.wikipedia.org/wiki/Economy_of_the_Soviet_Union
Description: WEBThe Soviet economy was characterized by state control of investment, prices, a dependence on natural resources, lack of consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, low …
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Link: https://www.britannica.com/place/Soviet-Union/Economic-policy
Description: WEBRecalculations of Soviet economic performance by Soviet statisticians widened the gap between the Soviet and U.S. economies. The official view was that the Soviet national income was about 64 percent of the U.S. level in 1988. Gorbachev, in a speech in October 1990, implied that the real figure was about 40 percent.
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Link: https://www.rbth.com/history/330630-how-soviet-economy-work
Description: WEBThe Soviet Union lasted for 69 years, and for practically all that time it had no market economy in the usual sense of the word. Instead, there was a planned economy. Everything was produced ...
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Link: https://www.investopedia.com/articles/investing/021716/why-ussr-collapsed-economically.asp
Description: WEBJun 24, 2021 · While the lack of open markets providing price signals and incentives to direct economic activity led to waste and economic inefficiencies, the Soviet economy posted an estimated average...
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Link: http://www.inquiriesjournal.com/articles/1670/lenins-new-economic-policy-what-it-was-and-how-it-changed-the-soviet-union
Description: WEBAside from the Socialist twist, the New Economic Policy was intended for the Soviet Union to experience a temporary taste of capitalism in order to improve the economy so as to successfully introduce Communism. The New Economic …
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Link: https://www.britannica.com/story/why-did-the-soviet-union-collapse
Description: WEBThe economic factor. By some measures, the Soviet economy was the world’s second largest in 1990, but shortages of consumer goods were routine and hoarding was commonplace. It was estimated that the Soviet black market economy was the equivalent of more than 10 percent of the country’s official GDP.
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Link: https://www.history.com/topics/cold-war/perestroika-and-glasnost
Description: WEBApr 14, 2010 · Perestroika (“restructuring” in Russian) refers to a series of political and economic reforms meant to kick-start the stagnant 1980s economy of the Soviet Union. Its architect, President...
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Link: https://www.jstor.org/stable/26314815
Description: WEBBut by another standard, that of economic development around the world, Russia was just an average economy, with real output per capita at the global mean. Over the century from 1913, the eve of World War I, to 2008, the edge of the recent. world financial crisis, Russia's real output per capita multiplied more than five.
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Link: https://www.britannica.com/place/Soviet-Union
Description: WEB3 days ago · On the economic side the planned, highly centralized command economy was to be replaced by the progressive introduction of elements of a market economy, a change that proved difficult to achieve and was accompanied by declining production in many sectors and increasing distribution problems.
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Link: https://www.wikiwand.com/en/Economy_of_the_Soviet_Union
Description: WEBThe Soviet economy was characterized by state control of investment, prices, a dependence on natural resources, lack of consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, low …
DA: 26 PA: 87 MOZ Rank: 92
