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Essay

Transition Economies

Essay specific features

 

Issue:

Business

 

Written by:

Freddie K

 

Date added:

October 4, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 604

 

Was viewed:

9549 times

 

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Essay content:

The economy was directed by the government rather than by decentralized market mechanisms. ? Resources were mobilized to achieve economic growth .This was successful through the 1950s. But planners committed more resources than were available. So there were shortages. ? Industrialization and military strength had the highest priority in terms of resource allocation in the Soviet Union...
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The economy was directed by the government rather than by decentralized market mechanisms. ? Resources were mobilized to achieve economic growth .This was successful through the 1950s. But planners committed more resources than were available. So there were shortages. ? Industrialization and military strength had the highest priority in terms of resource allocation in the Soviet Union...
displayed 300 characters

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