1. From Communism to Free Enterprise
Ch. 9
Sec. 1 Pp

2. Difficult Changes in Russia
Switch from communism to free market economy (people, not gov’t make economic decisions)
Businesses make their own decisions
Businesses can fail and people can become unemployed

3. Changes Gov’t no longer sets prices, so prices have risen
Prices and profits should encourage competition, driving prices down
Many lack money to buy goods

4. Russia’s Economic Regions
Moscow
Political and cultural center
Heavy industry – productions of goods like machinery and steel
Light industry – production of consumer goods like clothing and furniture
High technology and farming, also

5. Russia’s Economic Regions
Port Cities
Kaliningrad and St. Petersburg in northwest
Murmansk and Vladivostok in the east
Kaliningrad’s Dockyards

6. Russia’s Economic Regions
Siberia
Largest supply of minerals in Russia
Oil and natural gas
Undeveloped due to harsh climate
Vast and remote

7. Russia’s Economic Regions
The Volga and Urals
Volga River carries ½ of Russia’s river traffic
Irrigation and hydroelectric power
Ural Mountains are rich in minerals
Coal, oil, and natural gas

8. Environmental Issues Air and water pollution Forests were cut down
Nuclear energy – from controlled atomic reactions
Life expectancy - number of years the average person is expected to live