Post-Soviet Russia: Politics and Economy

The video explores the sudden collapse of the Soviet Union in 1991 and its aftermath, highlighting the Russian people's unfulfilled hopes for freedom. It discusses the symbolic significance of blue jeans, the rise of the Russian mafia, and the rapid transfer of wealth leading to the emergence of oligarchs. Economic reforms under Boris Yeltsin, including 'shock therapy,' resulted in widespread poverty and inflation. The video also covers political turmoil, the Chechnya conflict, and Vladimir Putin's rise to power amid economic crises.

What symbolized Western freedom to Russians after the Soviet Union's collapse?

• Fast food

• Rock music

• Coca-Cola

• Blue jeans

What was the primary role of the Russian mafia after the Soviet Union's collapse?

• Promoting cultural exchange

• Supporting the government

• Filling the power vacuum with criminal activities

• Providing social services

How did the Russian mafia expand its influence in the 1990s?

• By investing in technology

• By supporting local charities

• By controlling a significant portion of businesses and banks

• By forming alliances with foreign governments

Who were the nomenklatura oligarchs?

• Foreign investors in Russian markets

• Western businessmen

• Former Soviet elites who took control of state assets

• Local farmers

What was a major consequence of the rapid privatization in Russia?

• An increase in public trust

• A decrease in corruption

• The rise of a few wealthy oligarchs

• Widespread economic equality

What was the result of Yeltsin's 'economic shock therapy'?

• A significant economic decline

• Stability in the political system

• Immediate economic prosperity

• Increased foreign investment

What was the public's reaction to Yeltsin's economic reforms?

• Celebration of economic success

• Widespread support

• Indifference

• Demand for accountability and political unrest

What was the outcome of the first Chechen conflict?

• Chechnya gained full independence

• The conflict ended with a Russian victory

• Russia successfully annexed Chechnya

• Chechnya remained part of Russia but was effectively independent

What strategy did Putin use to consolidate power after becoming president?

• He increased military spending

• He allowed oligarchs to keep their wealth if they stayed out of politics

• He formed alliances with foreign powers

• He nationalized all industries

What was a significant economic challenge Russia faced in the late 1990s?

• An increase in foreign aid

• A surplus of oil

• A stable ruble

• A financial crisis exacerbated by low oil prices