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What contributed to the collapse of command economies in communist states around the end of the cold war?
They failed to produce enough consumer goods . Including food, for Their citizens
What factors contributed to the collapse of command economies at the end of the 20th century?
Some factors that contributed to the collapse of command economies were the following:They were much less efficient at producing goods than Western free market economies.They were too focused on producing consumer goods instead of valuable new technologiesApex: They were much less efficient at producing goods than Western free market economies.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
What happened with the collapse of the communist government that strengthened the Polish economy?
a slow tranformation
What encouraged countries to transition from a command economy to a market economy?
Countries transitioned from command economies to market economies largely due to the inefficiencies and stagnation associated with centralized planning, which often led to shortages and lack of innovation. The desire for increased economic growth, improved consumer choice, and integration into the global economy also played significant roles. Additionally, the collapse of the Soviet Union and the success of market-oriented reforms in countries like China demonstrated the potential benefits of market mechanisms, prompting many nations to adopt similar strategies. These factors collectively encouraged governments to embrace market principles and liberalize their economies.
What contributed to the collapse of command economies in communist states around the end of the cold war?
They failed to produce enough consumer goods . Including food, for Their citizens
What factors contributed to the collapse of command economies at the end of the 20th century?
Some factors that contributed to the collapse of command economies were the following:They were much less efficient at producing goods than Western free market economies.They were too focused on producing consumer goods instead of valuable new technologiesApex: They were much less efficient at producing goods than Western free market economies.
What year did communism get poorer and poorer?
Communism began to show signs of economic decline in the 1970s and 1980s, particularly in Eastern Europe and the Soviet Union. By the late 1980s, many communist states faced significant economic challenges, leading to widespread shortages and inefficiencies. The collapse of the Soviet Union in 1991 marked a dramatic decline in the viability of communist systems, resulting in many countries transitioning to market economies. This period highlighted the limitations of central planning and the struggles of communist economies.
How did communist countries around the world react differently to the collapse of the soviet union?
they started a war causof the berlin wall
How did Mikhail Gorbachev's policy of glasnost contribute to the collapse of the Soviet union?
it contributed to instability to the soviet union making high infilation rates.
Before its collapse East Germany was .?
communist
What factors contributed to the collapse of communism in the Soviet Union?
They were much less efficient at producing goods than western free market economies
The Treaty of Versailles contributed to the economic collapse of Germany by?
It made Germany pay a lot of money to the victorious countries, It was to the point that the German economy could not sustain itself.
What events contributed to immigration?
Immigration is contributed to an economic collapse, crime, and poor living conditions.
What was one factor That contributed on the collapse of the Soviet Union?
The Space RaceThe Soviets could not compete with the US in the ability to put together and successfully launch a space program. Their communist style economy could not handle the competition.
Why should America care about Argentine economics?
America needs to care about the economics of many countries, including Argentina's, because as economies and markets become more global, the well-being of individual markets and economies become more dependent on the economies and markets of others. As recent headlines have shown, the collapse of one economy has repercussions all over the world.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
