A costly empire Flashcards
What did the Soviet empire act as?
An economic drain on the USSR
In theory, what should the SU have been?
An affluent superpower, bearing in mind the huge reserves of natural resources (oil, gas and metal ores) that were located in Siberia
What did the Soviet’s favourable trading arrangements with its socialist allies ensure?
That the USSR saw relatively little of its potential wealth
What happened to Soviet energy and raw materials?
They were sold to the socialist states at very low prices in return for low-grade industrial or consumer goods
Between 1981 and 1986 what did the USSR provide Cuba and Vietnam with?
$4 billion and $6 billion, respectively, in aid and oil subsidies
What did the Warsaw Pact countries receive?
A yearly subsidy of $3 billion due to cheap oil sent from the SU
What did the relationship between the SU and its socialist allies encourage and contribute to?
Encouraged - relative economic backwardness in the Soviet Bloc
Contributed to - low living standards in the USSR