Free_Market_Reform_in_Russia

Free Market Reform in Russia Introduction The USSR was around for 69 years. During which time it’s citizens went through tremendous heartaches. Millions died as a result of political purges, horrible labor systems, and state-created famines (U.S., 1998). The USSR had a command economy, which means all aspects of the economy were publicly owned and operated. Then in 1991, the Soviet Union would suddenly collapse, and Russia would rise to the surface (Kemp, 1996). This would begin their struggle to move toward a democracy and a free-market economy. Russia is the largest country in the world at seventeen miles per square kilometer. It occupies 150 million people (US, 1998). Its official language is Russian, which is also an official language in the United Nations. Russia has a great educational system, which has produced almost a hundred percent literacy rate. It has five hundred and nineteen institutions of higher education and around forty-eight universities that about three million student attend. Unfortunately, most of this education is for right now wasted. Russia is said to have missed the industrial revolution, which has resulted in them being almost backwards in russia, market, 1998, system, economy, reform, new, russia’s, russian, government, since, percent, even, been, just, economic, control, reforms, people, through, one, 1999, 1995, very, president, growth, free-market, crisis, anders, years, way, value, ussr, times, tax, ruble, rouble, out, made, increased, better, about, 1996, yeltsin, things, put, now, money, little