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Economy Of Russia
Beginning of paper
The phase in the business cycle that Russia is in is Prosperity.
Prosperity is the high point of the business cycle. The Gross Domestic
Product is 796 billion dollars. Russia is partners with Germany in
exporting and importing. The number of imports is 33 billion and the
number of exports are 66 billion. The National Budget is 56.6 billion
dol ....
Middle of paper ....ern developed countries began to enter the Information
Age, introducing new communication technologies and electronic links
among institutions and individuals. The Soviet Union still relied on the
rigid planning and pervasive controls, leaving no room for initiative and
inventiveness. When Mikhail Gorbachev became head of the party in
1985, .... |
Word count: 464 |
Page count: 2 |
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