RUSSIA BEFORE AND AFTER. RUSSIA BEFORE 1991 Russia was part of the USSR. (Soviet Union) The communist government owned the country’s diverse assets.

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Presentation transcript:

RUSSIA BEFORE AND AFTER

RUSSIA

BEFORE 1991 Russia was part of the USSR. (Soviet Union) The communist government owned the country’s diverse assets. (FOP), controlled the labor force, and allocated all the resources.

After 1991 After the collapse of the USSR, Russia experienced a wild privatization period were a small number of men gained control of Russia's greatest economic assets (oil), and made billions in the new market economic system. These new billionaires, called oligarchs, have gained political strength. There is a wide gap between rich and poor

Tasks Watch the documentary. Write the details of what means to be Rich or Poor in Russia. What made the oligarchs attain power?

stories/moscow/vid22003.html

DISCUSSION What advantages and disadvantages did Russians experienced with a command economy? With a market economy? Are Russians better or worse? Why?