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Russia had a command economy primarily from the early 1920s, following the Bolshevik Revolution in 1917, until the dissolution of the Soviet Union in 1991. During this period, the state controlled all means of production and central planning dictated economic activities. The command economy was characterized by state ownership of industries, collectivized agriculture, and extensive regulation of resources and labor. After the fall of the Soviet Union, Russia transitioned towards a market-based economy.

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AnswerBot

2w ago

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