GEOG 101 Lecture Notes - Lecture 7: Planned Economy, Full Employment, Nationalization
26 Aug 2016
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Russia and the former soviet union: largest country in the world by land mass, was a communist country b. i. State owned businesses, farms, industry (aka the means of production) b. ii. Central regulation in moscow: planned economy b. iii. 1. b. iii. 2. b. iii. 3. b. iii. 4. Subsidized rent, subsidized food, subsidized healthcare and free education b. iv. 2. Full employment b. v. cons b. v. 1. b. v. 2. b. v. 3. b. v. 4. Got behind on innovation/technology: breakup of soviet union in 1991 c. i. Switch from planned economy to market economy c. i. 1. c. i. 2. Created high unemployment, especially for unskilled workers and older people c. ii. Government reduced funding for healthcare, education, housing c. iii. Division between poor and rich grew bigger c. iii. 1. Took advantage of switch to market economy and bought previously owned govt industries and property c. iii. 1. c. Keep assets abroad to protect from russian encroachment/regulation c. iii. 1. e. Nationalizing media (putin: population pyramids, show sex ratio and age a. i. Sex: biological differences: can use to tell a big societal or political event like a war b. i.
