Economic Demise of the Soviet Union

What happened is surely one of the great events of modern history, an upheaval that will continue to have monumental impact on global politics and trade.

Soviet history is the vehicle for teaching fundamental skills and principles of economic reasoning, which are then used to analyze the complexities of the intertwined economic, political-legal and moral-cultural components of Soviet society.

The lessons not only explain why the Soviet economy collapsed, but also provide insights into our own economy.

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