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28 February, 13:12

Economic system of Mongolia during the cold war command or market

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  1. 28 February, 13:42
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    Market Economy

    Explanation:

    Surprisingly, as Mongolia was sandwiched between the two major communist (command economy) powers during the Cold War, that you would believe Mongolia herself is a communist state. However, this is not the case. Mongolia actually was a democracy, and used a Market Economy, which gave Mongolia an early place in the U. N.
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