but very tricky.This Reuters journalist's line of questioning was particularly representative of Western public opinion at thetime. Their central ideas were twofold: first, they called into question whether China's attitude toward the conflict is one of upholding ...
The country’ s struggling economy has kept food prices rising and put millions of people in poverty. In the Soviet Union, Russians who lived in traditional country homes—called dachas—often grew their own food. Today, many Russian families—including some in cities—are again growing food ...
Not long ago a very senior and accomplished student of the Soviet economy expressed as his opinion that the distinguished economists of his generation would not be replaced when they retire from their chairs and professorships at the leading institutions. This reflection motivated me (a member of ...
For her first thirty years, from 1949 to 1979, China was basically blockaded and isolated economically and politically by the West. It didn’t even have a seat in the UN General Assembly. And it was dirt-poor in those days, barely a speck of the global economy, a tiny fraction of Japa...
The 2008 financial crisis is not considered an economic collapse in terms of the American economy, but a collapse was believed to be imminent at the time. The freezing of the credit market may well have resulted in a more severe situation if not for the liquidity provided by the Federal Res...
The inhabitants of Kronstadt had been early supporters and practitioners of soviet democracy, forming a free commune in 1917 which was independent of the Provisional Government. In the words of Israel Getzler, an expert on Kronstadt, "it was in its commune-like self-government that Red Kronstadt...
What Is the First World? “First world,” a term developed during the Cold War in the 1950s, originally referred to a country that was aligned with the United States and other Western nations in opposition to what was then the Soviet Union and its allies. ...
Ultimately the plan was a failure, and the USSR was dissolved. Gorbachev resigned on December 25, 1991, and the Soviet Union ceased to exist six days later on December 31.Boris Yeltsin, a key leader of the opposition, later became the first president of the new Russian Federation. ...
Soviet Union (USSR): The former Soviet Union was known for its centrally planned command economy, where the government owned all major industries and controlled production anddistribution. North Korea: North Korea is often cited as one of the most centrally planned economies in the world, with th...
What happened to the U.S. economy immediately after World War I ended?WWI's End:The United States' entering of World War I contributed directly to the conclusion of the war as the U.S. had a strong (and fresh) army in comparison to Germany's depleted forces. Nevertheless,...