The Soviet Union collapsed due to the falling price of oil.
Select the correct response from the drop-down menu.
The Soviet Union collapsed due to _____
over investment in new technology
the falling price of oil
Vladimir Putin becoming president
over production of agricultural products
7 answers
are you sure
Yes, while multiple factors contributed to the collapse of the Soviet Union, a significant one was the falling price of oil in the late 1980s. The Soviet economy heavily depended on oil exports, and the decline in oil prices led to severe economic difficulties. Other factors also played a role, such as political issues, economic inefficiencies, and social unrest, but the falling oil prices had a direct impact on the economy.
are you REALLY sure this is right
Yes, the assertion that the falling price of oil contributed significantly to the collapse of the Soviet Union is widely accepted by historians and economists. In the 1980s, the Soviet economy relied heavily on oil exports for revenue. When oil prices dropped dramatically, it severely affected the country's economic stability, leading to shortages, reduced funding for social programs, and growing discontent among the population.
However, it's also important to recognize that the collapse was the result of a combination of factors, including political stagnation, military expenditures, nationalist movements within various Soviet republics, and reforms that did not yield the desired results. So while the falling oil prices were a critical factor, they were part of a broader range of issues that led to the dissolution of the Soviet Union in 1991.
ok now i might believe you
I appreciate your understanding! It’s a complex topic with many interrelated factors. If you have any more questions or if there’s anything else you’d like to discuss about the Soviet Union or its collapse, feel free to ask!
3 answers