Case study - Fall of USSR Flashcards

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1
Q

How did the USSR become so powerful?

A
  1. large amount of money spent on military + space race = presence across globe due to huge military
  2. USSR large labour workforce
  3. 1945 fastest growing economy in world at time
  4. allies across East E
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2
Q

Why did USSR collapse?

A
  1. poor economy stagnated and declining = huge money spent on space + arms race
  2. led to riots/demonstrations across USSR
  3. 1985 glasnost + perestroika create problems = reform to economy to late and people challenged CP
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3
Q

Why has state of Russia become powerful again?

A
  1. Russia has word’s largest known reserves of natural gas + 2nd largest oil producer = 60% of Russia’s exports in 2007 = fund Russia recovery
  2. loans from IMF = prevent eco collapse during 1990s
  3. Huge development in China + India led to rapid demand for energy = importing energy resources from Russia
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