Author Question: What were the problems with the rapid replacement (economic shock therapy) of the command economy ... (Read 52 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?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library