Author Question: What were the problems with the rapid replacement (economic shock therapy) of the command economy ... (Read 56 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?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

For a complete list of videos, visit our video library