Command Economy
One in which a central authority (government) decides what goods will be produced and how much.
Why would Russians welcome communism?
Dissatisfaction with czarist governments
Food shortages during World War I Many Russians believed that
communism would improve there lives.
What was life like during Communist Rule?
The standard of living remained poor People found that Communist had
become there new masters.
After the fall of Communism
Russian has moved toward a market economy where consumers choose what is produced by supply and demand
What has been the Trans-Siberian Railroads affect on Siberia?
Has allowed people and goods to the Siberian region, making it more populated and more developed
It has allowed people to the remote region and to exploit the natural resources.
How is the majority of agriculture produced in Russia?
Small subsistence farming mainly on the Northern European Plains.
How is the internet benefiting Russian consumers?
Consumers are able to shop and compare pricing online before making purchases at the store
Why is the pattern of economic activity in the Arctic Ocean changing?
Global warming will create an ice-free Arctic Ocean allowing access to any deep sea resources. This has been both positive and negative?
What technological innovation dealing with oil have been made?
Pipelines have allowed for the movement of natural resources of oil and gas