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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.


Team Careers360 17th Jan, 2024
Answer (1)
Team Careers360 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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