How has the economy of Russia changed since the fall of Soviet Union?(1 point) Responses from a mixed to a market from a mixed to a market from a market to a mixed from a market to a mixed from a command to a mixed from a command to a mixed from a market to a command

Answer 1

Since the fall of the Soviet Union, the economy of Russia has transitioned from a command economy to a mixed economy. Initially, after the dissolution of the USSR in 1991, Russia underwent significant economic reforms that aimed to transition towards a market economy. This involved privatization of state-owned enterprises, deregulation, and efforts to integrate into the global economy. However, over time, particularly in the 2000s, there has been a return to more state control in certain sectors, particularly energy, leading to the current status as a mixed economy where both the market and state play significant roles.