Under Leonid Brezhnev's leadership, Soviet citizens

History

1 answer:

ivolga24 [154]3 years ago

4 0

The correct answer is D. Suffered shortages of basic goods.

Explanation

Leonid Brezhnev was a president of the Soviet Union who was characterized by being in power during a time of economic stagnation that was due to high expectations of surpassing his main rival nation, the United States. To overtake the United States, Leonid Brezhnev strove for an internal policy focused on expanding the industrial capacity of the Soviet Union by investing large amounts of resources to massively increase production plants. Additionally, during Leonid Brezhnev's government wages were high, while the prices of basic products were kept artificially low. This was triggered by an imbalance on the supply side, as supply decreased, while demand increased. As a result, the lack of products became frequent and the efforts of citizens to obtain the few available became commonly. So, the correct answer is D.Suffered shortages of basic goods.

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<h3>What is the free enterprise?</h3>

Also known as capitalism is the economic system that is driven by supply and demand. in this system, the private businesses and consumers control the marketplace with little to no interference from the government.

But with the rule of law, the law seeks to regulate the activities of the market and this is known as Socialism.

But the combination of both competing values of free enterprise and rule of law births the mixed economy system.

However, the policy of Increasing the regulations on banking practices is the policy that is most likely to cause tension between the competing values of free enterprise and rule of law.

Therefore, the Option D is correct.

Missing options "D. Increasing regulations on banking practices"