russia Flashcards
USSR covered…
central and NE Asia
why was it called union?
it brought together 15 different republics under one flag
state socialism:
everyone worked for state, everything owned by state
what was the first nation to put satellite in orbit and put an animal in space, send a bring back a man and then a women to space ?
Soviet union
Soviets put enormous amounts of political and military effort in getting which countries to adopt state socialism as their nations political and economic model?
Europe, Asia, and Latin America
Soviets wanted whole world to adopt… and the US wanted the whole world to adopt…
- socialism
- capitalism
Cold war
Era of economic, political and military tension between soviet-union and its allies, and America and its allies
what caused the fall of soviet union in 1991
- Massive military expenditures that drained state’s coffers
- Huge state Bureaucracy that encouraged corruption and made soviet economy inefficient
- Continual shortages of food and consumer goods
shock therapy:
- Rapid privatization of state resources
- Removal of all price controls
Consequence of shock therapy:
- Loss for ordinary Russians
- Loss of savings
- Loss of states safety net
Inflation:
overall rise in price of goods and services
Oligarchy:
small group of people who derive enormous political power from their extreme wealth
Expatriation of wealth:
to send acquired wealth to other countries instead of reinvesting it locally/domestically
Aral sea
a lake that used to be the 4th largest body of water
Aral sea attracts…
scientists from around the world that question how to restore fish populations if you are able to restore the lake