Chaper 16

Question 1

Consumer goods

Answer 1

Things needed for everyday life

Question 2

Black market

Answer 2

Illegal trade where illegal goods are sold for a high amount

Question 3

Market economy

Answer 3

Businesses are privately owned

Question 4

Privatization

Answer 4

A change to private ownership

Question 5

Kolkhoz

Answer 5

Farms worked by farmers who shared the farms profit and production

Question 6

Sovkhozes

Answer 6

Farms run like factories farmers receive wages

Question 7

What challenges has Russia faced in its transition to a market economy?

Answer 7

Providing jobs and expanding trade

Question 8

How is Russia working to improve it transportation and communication system?

Answer 8

They are finding funds for new highways and high-tech communications

Question 9

What steps has Russia taken to expand international trade and build relationships in the global community?

Answer 9

Fill in later

Question 10

Command economy

Answer 10

Government made key economic decisions