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0 pointsmoltar4y ago0 comments

USSR didn’t have private enterprises and thus no markets. There was no competition.

0 comments

Actually, it did: it was called "NEP"[1] and was used to reboot the economics after the revolution and civil war. Afterwards the control of all economic matters was ceased again by the goverment.

[1] https://en.wikipedia.org/wiki/New_Economic_Policy

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0 pointsmoltar4y ago0 comments

USSR didn’t have private enterprises and thus no markets. There was no competition.

0 comments

lycopodiopsida4y ago

Actually, it did: it was called "NEP"[1] and was used to reboot the economics after the revolution and civil war. Afterwards the control of all economic matters was ceased again by the goverment.

[1] https://en.wikipedia.org/wiki/New_Economic_Policy

j / k navigate · click thread line to collapse