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The economic system replacing communism in the former Soviet countries is primarily capitalism, with varying degrees of market liberalization and privatization. These countries have transitioned from centrally planned economies to market-based economies, allowing for private ownership of businesses, competition, and market forces to determine prices and production. However, the extent and success of this transition vary among different countries in the region.
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What type of economic system does Ukraine have?
After gaining independence from the former Soviet Union, Uzbekistan started the transition to a market economy. Its economy is the 163rd freest out of the 195 countries in the world.
What countries are in the European Economic Union?
There is no such thing as the "European Economic Union". There used to be a "European Economic Community" and there is the "European Union", as a kind of successor of the former.
What is another name for command economy?
A command economy can be referred to as a:planned economy,centrally planned economy,command and control economyA command economy was used in communist countries. Examples are the former Soviet Union, North Korea, the People's Republic of China, and Cuba.
Why did the former Soviet Union use a command economic system instead if one based on prices?
The former Soviet Union used a command economic system instead if one based on prices it hoped to create a society in which everyone had the same choice.
In what economic systems do government leaders decide what to produce how to produce and for whom?
In command economies, government leaders make decisions about what to produce, how to produce, and for whom goods and services are distributed. These systems, often associated with socialism or communism, involve centralized planning where the state controls resources and production methods. Examples include the former Soviet Union and North Korea, where the government dictates economic activity to achieve specific social or economic goals. In contrast, market economies rely on individual choices and market forces to determine these factors.
Economic system replacing communism in former soviet countries?
Capitalism is the economic system currently replacing Communism in former Soviet countries.
What Economics system is currently replacing communism in former Soviet countries?
Capitalism:an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
How has Eastern Europe changed since World War Two?
Eastern European countries under former Soviet occupation have been making progress in their economies by joining the European Union (EU). In addition to the economic benefits of joining the EU, these countries have gained democratic values in doing so thus moving on from the Soviet occupation that brought communism in these countries.
What event initiated the Cold War?
after world war the US and USSR were becoming economic and military superpowers and many former colonies were getting their independence and the us didnt wnat them to fall to communism and the soviets wanted them to be communism or nationalism
What nations had communism as their established form of government?
The former USSR, headed by Russia, were communist countries. Most of the outlying territories were taken by force and unwillingly converted to communist governments.
What country do you associate communism most closely with?
Communism is most closely associated with the former Soviet Union (now Russia) and China. Additionally, countries like Cuba, North Korea, and Vietnam have also adopted communist ideologies to varying extents.
How were the 1950s dangerous years for Americans and the world?
The threat of communism was spreading through the United States in former countries
Is decolonization now almost complete in most countries?
Most countries have been decolonized in the sense that they are no longer under the direct political control of foreign metropoles. However, many former colonies are under the yoke of economic and societal control of their former colonizers.
What event led to nationalist unrest in the former Yugoslavia?
The Fall of Communism
Who was the leader that introduced communism in central planning to the former Soviet Union?
Communism as a political or economic philosophy was invented by Karl Marx, but he was not a political leader. The first political leader to create a communist state was Vladimir Ilych Lenin. His version of communism became known as Marxist-Leninism.
Who was the leader that communism and central planning to the former Soviet union?
Vladimir Lenin
What global role did the former Soviet Union play before its demise in 1991?
The Soviet Union was the largest and possibly the most powerful country/group of countries on the planet before it collapsed. It was the forerunner for Communism and influenced many other countries to change their financial systems as well.
