The Soviet economy, burdened by inefficiencies, excessive military spending, and a lack of consumer goods, struggled to compete with the more dynamic capitalist economies of the West. Economic stagnation led to social unrest and weakened the government's legitimacy, making it difficult for the Soviet leadership to maintain control. As the U.S. adopted a strategy of economic and military pressure, including arms races and support for anti-communist movements, the Soviet Union found itself unable to sustain its influence. Ultimately, the economic decline contributed to the reforms initiated by Mikhail Gorbachev, which inadvertently accelerated the collapse of communist regimes in Eastern Europe and the end of the Cold War.
verga
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
controlled
it had major shortages of many goods and services
The transition of the Soviet economy to a market economy was primarily facilitated by Mikhail Gorbachev, the General Secretary of the Communist Party, through his policies of Perestroika (restructuring) and Glasnost (openness) in the late 1980s. Gorbachev sought to introduce market-like reforms to revitalize the stagnant economy, allowing for some degree of private enterprise and decentralization. However, the process faced significant challenges and ultimately contributed to the dissolution of the Soviet Union in 1991, leading to a more rapid and chaotic transition to a market economy in the newly independent states.
Russia (The Soviet Union)
The Cold War
The Soviet command economy could not keep up with the productivity of capitalist economies.
Lenin was the first leader of the Soviet Union and under him the totalitarian system was established.
it weakend the soviet economy and encouraged mikhail gorbachev to promte reform in the Soviet Union
It weakened the Soviet economy and encouraged Mikhail Gorbachev to promote reform in the Soviet Union
nova net : It weakened the Soviet economy and encouraged Gorbachev to promote reform in the Soviet Union
because the soviet economy was in serious trouble
The economy under the Soviet Union was under various degrees of disaster.
In Soviet Russia, Economy reconstructs you!
Mikhail Gorbachev was the Soviet leader who in 1985 began the process of restructuring of the Soviet economy, known as perestroika accompanied by the policy of liberalization, known as glasnost.
The failures of the Soviet economy lead in part to the changes in Soviet Policy with food shortages. It also made Gorbachev stick to communistic ways.