17.2 - The Struggle for Economic Freedom

Open Ended

Bell Ringer

How would Americans be affected if the prices of goods in their country increased 250 percent but their earnings stayed the same?

Multiple Choice

What major challenge did Russia face after the collapse of the Soviet Union in 1991?

• Transitioning from a command economy to a market economy

• Building new military bases

• Establishing new borders with China

• Rejoining the Soviet Union

Multiple Choice

What was the process of selling government-owned businesses to private individuals and companies in Russia called?

• Nationalization

• Liberalization

• Privatization

• Collectivization

Multiple Choice

What was one of the effects of removing price controls in Russia in 1992?

• Prices decreased rapidly

• Prices increased by 250 percent

• Prices remained the same

• Prices became fixed by the government

Multiple Choice

What percentage of the Russian workforce was employed in the private sector by the end of the 20th century?

• 30%

• 40%

• 50%

• 60%

Multiple Choice

What caused an economic crash in Russia in 1998?

• Failure of new businesses to repay vouchers

• A decline in global oil prices

• Increase in military spending

• Economic sanctions from the West

Multiple Choice

By the end of the 1990s, what percentage of the Russian population lived below the poverty line?

• 20%

• 30%

• 40%

• 50%

Multiple Choice

What is one of the major obstacles to economic reform in Russia?

• A lack of natural resources

• Russia's enormous size

• Overpopulation

• Lack of education

Multiple Choice

What term is used to describe the effect of distance on economic interaction in Russia?

• Distance decay

• Distance gap

• Economic separation

• Geographic isolation

Dropdown

Skillbuilder: Interpreting Maps



What is the capital of the Northwest Federal District?

Select answer

Dropdown

Skillbuilder: Interpreting Maps



Approximately how many miles separate Moscow and Khabarovsk?

Select answer

Multiple Choice

What percentage of private companies in Russia was estimated to be controlled by organized crime by the end of the 1990s?

• 20%

• 40%

• 60%

• 80%

Multiple Choice

What was one of the government’s initiatives to combat organized crime in Russia?

• Increasing the number of tax police officers

• Banning all private businesses

• Reintroducing price controls

• Expanding state ownership of companies

Categorize

Options (3)

To move Russia toward a capitalist system

Russia's enormous size and the rise of organized crime

Removed price

controls, privatized government-

owned businesses

Exit Ticket: Part 1

Organize these responses into the right question categories

Major goal of Russian economic reformers

Ways Russia moved toward market economy

Problems economic reformers face?

Open Ended

Exit Ticket: Part 2

Why has Russia’s size made it difficult to implement economic reforms? Think about the local officials throughout Russia.

Sentence Stem: Russia's size has made it difficult to implement economic reforms because...