What problems has russia experienced in switching from a state-controlled to a free market economy?

Business

1 answer:

Papessa [141]3 years ago

8 0

Answer: Russia experience sever economic crisis

Explanation:

A free market system is one in which the cost and availability of products is determined by the forces of demand and supply. There is no or negligible government intervention in the functioning of the economy. When Russia transformed from being a state controlled system to a market oriented system, it lead to enormous corruption and economic crisis.

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which would be considered liabilities? check all that apply.motorcycle loanown a housecar loancredit card billmortgage

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Credit cards would be considered liabilities.

4 major types of credit cards are Visa, MasterCard, American explicit and discover. Those are the main credit card networks, which most credit playing cards belong to, and they dictate where cards can be used in addition to what secondary benefits cards offer.

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