Russia
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PRESENTATION OUTLINE
RUSSIA
AUSTIN /OLIN PECK AND JAXON GRANT
SOVIET UNION
- Tough transition from Soviet Union Communism to Capitalism
- During the Soviet period, a five year plan was a centralized economic plan to coordinate agriculture and industry
- Collectivization- forced common ownership which eventually failed.
Photo by UJMi
SOVIET UNION
- Later, developed the Gosplan, which managed the economy by assigning production quotas to different soviet industries
- Collectivization- forced common ownership which eventually failed
RUSSIA
- Mikhail Gorbachev introduced perestroika in 1985, fundamentally restructuring Russia's economy
- Eventually, Russia opened a stock market, which made the ownership of capital by private individuals anreality
Photo by christian.senger
RUSSIA TODAY
- Putin today, uses his power to regain centralized control of key energy and mineral industries
- A big part of Russia's economy is exporting petroleum, natural gas, metals, wood, and chemicals
RUSSIA TODAY
- Their GDP is 1.2 trillion,which is twelfth overall
- They are in six trade organizations
- Some of their main industries are aerospace, textiles, automotive, oil and gas, and shipbuilding
