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Lerok [7]
3 years ago
10

Georgia’s economy suffered severe setbacks after _____.

Geography
2 answers:
grin007 [14]3 years ago
4 0
The Fall of Communism
Ymorist [56]3 years ago
3 0

Answer:

Georgia’s economy suffered severe setbacks after the fall of Comunism.

Explanation:

Georgia has a free market economy. After the fall of the Soviet Union, its domestic product fell during the 1990s, which caused a l<u>arge decline in the economy. </u>

This was because they had a high rate of tax evasion.

As of the mid-2000s, Georgia managed to grow its economy due to the economic reforms introduced by the Rose Revolution.

<u>Currently its market works relatively well.</u>

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