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What was the economy like in Soviet Russia?

What was the economy like in Soviet Russia?

The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. The highly centralized Soviet-type economic planning was managed by the administrative-command system.

How was Eastern Europe affected by the cold war?

Eastern Europe fell under the influence of the Soviet Union, and the region was separated from the West. When the Soviet Union collapsed in 1991, all the Soviet Republics bordering Eastern Europe declared independence from Russia and united with the rest of Europe.

Why were the countries of Eastern Europe important to the Soviet Union?

After the war, Stalin was determined that the USSR would control Eastern Europe. That way, Germany or any other state would not be able to use countries like Hungary or Poland as a staging post to invade. His policy was simple. Each Eastern European state had a Communist government loyal to the USSR.

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How was the Soviet economy different from the American economy?

The U.S. and the Soviet Union had different ideas about how to run an economy (business) and government. The U.S. believed in Capitalism – a system where ordinary people and businesses control the production of goods and services. The Soviet Union influenced Eastern Europe, while the U.S. influenced Western Europe.

How was Europe divided during the Cold War?

Europe was divided into a U.S.-led Western Bloc and a Soviet-led Eastern Bloc. As a consequence of the war, the Allies created the United Nations, a new global organization for international cooperation and diplomacy.

How do you changes in the Soviet Union affect people in other communist countries?

how did changes in the soviet union affect people in other communist countries?

  1. Eastern Europeans began to rebel against their governments.
  2. China was inspired to liberalize its economy.
  3. Cubans rioted to obtain the same reforms as the Soviets.
  4. North Korea started negotiations to unify with South Korea.
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Why did the people within the Eastern Bloc have few economic freedoms?

Why did people within the Eastern Bloc have few economic freedoms? The government controlled the economy. How did the Soviet Union try to ensure that satellite states would follow its policies? It controlled local communist governments.

What provides economic aid Europe?

The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent.