Author Question: What were the problems with the rapid replacement (economic shock therapy) of the command economy ... (Read 57 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
What were the problems with the rapid replacement (economic shock therapy) of the command economy with the free-market economy after the Second Russian Revolution?

Question 2

Which of the following is NOT one of the four dominant climate types for the European region?
 a. Mediterranean
  b. Humid continental (cold)
  c. Semiarid / steppe
  d. Marine west coast
  e. Tundra



zenzy

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

Shock therapy proved to be too much too fast for the Russian people. Former members of the Communist Party resented the loss of their jobs and privileges. Poor people living on fixed incomes struggled to survive high prices for basic necessities. A new consumer-oriented society developed along class lines. Unemployment and homelessness increased, and the gap between rich and poor widened. There was a bewildering explosion of new goods and services that most people simply could not afford.
Rampant black marketeering developed. Although much of this exchange was illegal, there was a general tendency to overlook such transactions because they were essential to the economy. Wide- spread barterthe exchange of goods and services instead of cashresulted from the declining value of Russia's currency, the ruble. Many people resorted to selling personal possessions to buy high-priced food and other necessities. Most Russians grew economically worse off. Many privately owned industries were too unproductive to pay their employees, or else they paid workers under the table to avoid taxation. Unpaid workers could not pay taxes to the government, of course, and workers paid under the table had no incentive to pay taxes. Russia's gross domestic product plummeted, shrinking by almost half in the 1990s.

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

For a complete list of videos, visit our video library