All categories

3 years ago

In the years after turning away from strict communism in the early 1990s, Bulgaria’s economy _____.

Geography

2 answers:

Nesterboy [21]3 years ago

4 0

Options:

A. suffered from foreign investment

B. went into steep decline

C. experienced the multiplier effect

D. enjoyed dramatic growth

Answer:

B. went into steep decline

Explanation:

Bulgaria's economy contracted after 1989, with the decline of the Soviet Union and, consequently, diminishing access to the Soviet market. During the Cold War, the Bulgarian economy became very dependent on the USSR. The standard of living of Bulgarians fell by 40% from pre-1990 levels, only returning to its former level in June 2004.

The process of transition to a free market economy began following the fall of the communist regime in 1989. In this context, the process began in Bulgaria under particularly unfavorable conditions, due to the poor economic planning of previous decades and the legacy of a sector and ineffective industrial sector as well as systematic neglect of the agricultural sector (currently holding 11% of GDP).

Agriculture has become an important sector of the Bulgarian economy. After the 1996 financial crisis, agriculture was the only sector that grew. This improvement is due to the recovery of low agricultural production up to 1996, estimated at 30%. Agriculture is also a major source of employment in Bulgaria: 23% of the working population works in the agricultural sector. The food processing industry is second in importance, having already accounted for about 21% of total industrial production.

Zanzabum3 years ago

3 0

B ) went into steep decline. guessing this multiple choice

You might be interested in

What is the biggest mountain in africa?

Andrei [34K]

Answer:

Mt. Kilamanjaro

Explanation:

I believe its ~19,000 ft.

4 0

3 years ago

Read 2 more answers

The half of the Earth north of the equator is called the: northern, superior, eastern, top

vfiekz [6]

Answer:

northern

Explanation:

Northern Hemisphere is the name to the top part of the Equator, one that goes on the north from it. Earth is divided by the imaginary lined in the middle, and that line is called the Equator. The Northern Hemisphere includes the whole of North America and Europe, the bigger part of Asia, and some parts of Africa and South America.

It is much more populated than the southern hemisphere of the world, especially since countries with huge populations are on it (China, India, US). Most of the counties in the Northern Hemisphere have a colder climate than countries in the Southern Hemisphere. The most upper part of it, Artics, has a really cold climate, and both winters and summers are cold and snowy.

5 0

3 years ago

An eccentric billionaire wants to build a mansion in a location on Earth where the effect of the seasons is the least pronounced

Mashcka [7]

D. At the Tropic of Cancer

4 0

3 years ago

What type of sand dune would most likely form if the sand supply is limited the wind direction is constant and vegetation is spa

ella [17]

The type of sand dune that would most likely form if the sand supply is limited the wind direction is constant and vegetation is sparse would be a barchan dunes. It is a crescent-shaped sand dune produced by the action of wind predominately from one direction.

7 0

3 years ago

Read 2 more answers

How do we know how earths climate was long ago

natka813 [3]

It stared 30 years ago it appeared in the news .Indeed, Svante Arrhenius, the pioneering Swedish scientist who in 1896 first estimated the scope of warming from widespread coal burning, mainly foresaw this as a boon, both in agricultural bounty and “more equable and better climates, especially as regards the colder regions of the Earth.”

There were scattered news reports through the decades, including a remarkably clear 1956 article in the New York Times that conveyed how accumulating greenhouse gas emissions from energy production would lead to long-lasting environmental changes. In its closing the article foresaw what’s become the main impediment to tackling harmful emissions: the abundance of fossil fuels. “Coal and oil are still plentiful and cheap in many parts of the world, and there is every reason to believe that both will be consumed by industry so long as it pays to do so.”

4 0

3 years ago