3 years ago

What areas was the soviet economy successful in

1 answer:

8 0

Answer:

The economy of the Soviet Union was based on a system of state ownership of the means of production, collective farming, industrial manufacturing and centralized administrative planning. The Soviet economy was characterized by state control of investment, a dependence on natural resources, shortages, public ownership of industrial assets, macroeconomic stability, negligible unemployment, high growth rates and high job security.

Explanation:

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