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The Soviet Union's economy was centrally planned, meaning that the government controlled all production, distribution, and pricing of goods and services, which aimed to eliminate market competition and private ownership. In contrast, the U.S. economy operated on principles of capitalism, characterized by market-driven forces, private enterprise, and consumer choice. This fundamental difference led to varying levels of innovation, efficiency, and consumer satisfaction, with the U.S. economy typically producing a wider variety of goods tailored to consumer demand. Additionally, the Soviet focus on heavy industry often resulted in consumer goods shortages, highlighting the inefficiencies of a planned economy.
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The economy of the former Soviet Union most closely approximated...........?
A command economy.
Where is the soviot union?
There isn't soviet union anymore it was Russia and many other countries together but then they divided the soviet union. Most part of the soviet union was Russia.
What country is most closely related to the Soviet Union?
Russia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.RussiaRussia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.
What Soviet Union provided direct support to which Caribbean island?
Cuba is the Caribbean island the Soviet Union supported. The Union of Soviet Socialist Republics, most commonly referred to as simply the Soviet Union, existed from 1922 to 1991.
Which of these countries was most related japan Italy Soviet Union or china?
which of these countries was most related japan ,italy,soviet union,or china
The economy of the former Soviet Union most closely approximated...........?
A command economy.
The most pressing problem for the new Russian government after the Soviet Union collapsed was?
the economy
Which orginazations members were formerly parts of the sovient union?
Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.Some countries that are now in the European Union were part of the Soviet Union. Most countries in the European Union were never in the Soviet Union and most former Soviet Union countries are not in the European Union.
What is Mikhail Gorbachev most famous for?
Mikhail Sergeyevich Gorbhachev is a former Soviet statesman. He has served as the General Secretary of the Communist Party of the Soviet Union and also as the first and last president of the Soviet Union. He is most famous for establishing social and political reforms to strengthen the economy of the Soviet Union.
What is Mikhail Gorbachev famous for?
Mikhail Sergeyevich Gorbhachev is a former Soviet statesman. He has served as the General Secretary of the Communist Party of the Soviet Union and also as the first and last president of the Soviet Union. He is most famous for establishing social and political reforms to strengthen the economy of the Soviet Union.
What is most closely related to the Soviet Union?
Russia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.RussiaRussia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.
Where is the soviot union?
There isn't soviet union anymore it was Russia and many other countries together but then they divided the soviet union. Most part of the soviet union was Russia.
What country is most closely related to the Soviet Union?
Russia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.RussiaRussia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.
What country is most closely related to Soviet Union?
Russia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.RussiaRussia is most closely associated with the Soviet Union because it was the largest , most powerful and most influential of all the republics that made up the Soviet Union. It was Russia that created the Soviet Union when Vladimir Lenin had Russia join with Ukraine, Belorussia and the Transcaucasus Federation to create the Soviet Union in December 1922. Many people erroneously think that the Soviet Union is simply another name for Russia. It is not.
Suppose There Is A Country In Economic Ruin After World War 2 It Is Seeking Monetary Aid From A World Superpower The country supports a command economy and oppose democracy what is the most likely to?
Become an ally of the soviet union-----APEX
What Soviet Union provided direct support to which Caribbean island?
Cuba is the Caribbean island the Soviet Union supported. The Union of Soviet Socialist Republics, most commonly referred to as simply the Soviet Union, existed from 1922 to 1991.
What differences between the us and the Soviet Union led to the beginning of the cold war?
The most important difference that many of the smaller differences sprang from were our government and economic systems. The United States was, and still is, a democratic republic with a capitalist economy. The Soviet Union had a communist government and a socialist economy. Both countries viewed the other's system as a threat.
