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Study questions set

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1.What does the Shchekino experiment tell us about the state of the Soviet economy?

2.Do planned economies offer a workable alternative to capitalism? Explain.

3.How did repressed inflation likely play a role in undermining the success of the
Gorbachev reforms in the USSR?

4.Using the Khrushchevreforms as an example, explain what “top down” reforms do not appear to be successful?

5.Explain the operation of the following sectors of the USSR: international trade, creditmarkets and taxation.

6.Explain the organization of the command structure within the USSR.

7.What challenges did the historicevents in China present to China when it attempted to transition to a more capitalist economy under Deng Xiaoping?

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