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Question: how did communsim affect russia economy make the answer 1-2 sentences
Asked by javier49
Communism significantly transformed Russia's economy by centralizing control under state planning, which initially spurred rapid industrialization but eventually led to inefficiency, stagnation, and a lack of innovation due to the elimination of market-driven incentives. This centralized economic system resulted in chronic shortages, poor quality of goods, and a generally lower standard of living compared to Western capitalist economies.
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