Chapter 20-Russia Flashcards
Communism
A system of the government in which individual political units keep their sovereignty but give limited power to a central government.
Privatization
The process of selling government-owned industries and businesses to private owners.
Command economy
An economic system that is controlled by a single central government.
Market economy
An economic system in which decisions about production, price, and other economic factors are determined by the law of supply and demand
Czar
An emperor of Russia
Iron curtian
USSR takes control over Russia and separated from the rest of the world.
Abdicate
To surrender ones office, throne, or authority.
Soviet
Any one of various governing councils in the Soviet Union
Glasnost
A policy of openness introduced in the Soviet Union in the late 1980s
Perestroika
In the former Soviet Union, a policy of economic restructuring
Tundra
A region where temperatures are always cool or cold and only specialized plants can grow
Black market
The system of selling goods and services outside of official channels
What is the capital of Russia?
Moscow
What is the language spoken in Russia?
Russia
What two continents is Russia on?
Europe and Asia
