Which term best describes Russia's transition to a market economy?

A. Compromised
B. Successful
C. Difficult
D. Corrupt

Question

25-07-2024
Social Studies

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Which term best describes Russia's transition to a market economy?

A. Compromised
B. Successful
C. Difficult
D. Corrupt

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-25T15:06:27-04:00

Final answer:

Russia's transition to a market economy has been difficult due to challenges in implementing reforms and dealing with corruption.

Explanation:

Russia's transition to a market economy has been difficult due to challenges in reform efforts and sustainability. Despite steps towards privatization, restructuring has been slow, and the lack of modern market-based systems and endemic corruption have hindered progress.

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