Economy Of Russia
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Title: Economy Of Russia

Essay Details:

Subject: Miscellaneous
Author: Richard M
Date: September 14, 2015
Level: University
Grade: A
Length: 2 / 466

Essay text:

They also have 1 Telephone per 5.9 people. Russia’s education is free and compulsory through ages 7 to 17. The unemployment rate is 8 percent. The inflation rate is 85 percent and possibly more if monetary policy is relaxed. Russia was mostly an agricultural country until the late 19th century, when industrialization began, in European Russia. Economic development was then interrupted by World War 1 and the Civil War that followed. Modern development was initiated by Stalin, whose frantic industrialization drive in the 1930’s made the Soviet Union an industrial giant. Under Stalin and his successors, the less settled frontier regions of Central Asia and Siberia were developed...

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