Economic problems inherent in the Communist system itself Flashcards
1
Q
‘soviet contract’
A
Everyone given a job
‘we pretend to work, they pretend to pay us’
no incentive to work.
2
Q
Little likelihood of promotion
A
Lack of incentive to work.
Gap between rich and poor = much smaller than in America - USSR - 10% richest = x3 wealthier than 10% poorest, America - 10% richest = x7 wealthier than 10% poorest.