Deegan Parker

History

19 October, 14:32

As the Soviet Union fell so did its economy. Why was the financial transition from communism so difficult?

A) The economic transition of the Russian economy was difficult as foreign countries were still fearful of trading with once communist businessmen.

B) The economic transition of the Russian economy was difficult because few businessmen had the capital to expand businesses.

C) The economic transition of the Russian economy was difficult as Communist leaders did not immediately release control of banks.

D) The economic transition of the Russian economy was difficult as few citizens understood the principles behind a free market economy.