GEOG 1001 Midterm: Geography Exam3 (98% on the test)
Document Summary
Tsar: russian for caeser ; authoritarian ruler of the russian empire before its collapse in the. Centrally planned economy: an economic system in which the state sets production targets and controls all means of production. Karl marx: marxism: political philosophy developed in the 1800s; communism. Commonwealth of independent states (cis): a loose political union of former soviet republic established in 19992 after the dissolution of the soviet union. Privatization: process of moving formerly state-owned firms into the contemporary capitalist private sector. Gazprom: russian natural gas company; 1194; russia, inc. ; took away authority of foreign companies in areas such as sakhalin island. Glasnost: a policy of greater political openness initiated during the 1980s by soviet president. Perestroika: a program of partially implemented, planned economic reform undertaken during the gorbachev years in the soviet union designed to make the soviet economy more efficient and responsive to consumer needs.