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Browse: Home / Economy and Geography

How did russia rebuild economy after the soviet union?

Question by like.whoa.: How did russia rebuild their economy after the soviet union?
PLEASE HELP, I WAS WONDERING… after the soviet union collapsed in 1991, what did Russia do to rebuild and restore their economy?

Answers and Views:

Answer by acmeraven
They are selling surplus military hardware to all takers and organized russian crime runs the country; it doesn’t appear that their economy is being restored at all.

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Comments ( 1 )

  1. themrac says

    In a way they didn't. Under Gorbachev, policies were put in place like Glasnost and Perestroika, which opened up and restructed the faltering economy. However, now the economy is mainly in the hands of the Russian mob, which has the government in its pocket. Some of my Russian friends would say that the economy actually worked better under Communism.

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