Question : How did the economic reforms in post-Soviet Russia impact the standard of living for the general population?
Option 1: There was an immediate improvement in living standards.
Option 2: Living standards remained unchanged.
Option 3: There was a significant decline in living standards initially.
Option 4: Living standards improved uniformly across all regions.
Answer (1)
25th Jan, 2024
Correct Answer: There was a significant decline in living standards initially.
Solution :
Correct Option: Option 3
Explanation: The economic reforms in post-Soviet Russia, including shock therapy and privatization, led to a significant decline in living standards initially for the general population, with increased poverty and inequality.
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