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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: In the 1980s, one of the most common sights in the socialist countries, such as the former Soviet Un
Post by: Loraine on Jun 20, 2015
In the 1980s, one of the most common sights in the socialist countries, such as the former Soviet Union and North Korea, were long lines for bread, sugar, and other necessities. These countries had price ceilings on these necessities. Some of the socialist nations, such as the former Soviet Union, have moved to a market economy by lifting the price ceilings, while others, such as North Korea, have retained their price ceilings. What prediction do you make about the presence (or absence) of long lines today in the former Soviet Union and North Korea? Explain your answer.


Title: Re: In the 1980s, one of the most common sights in the socialist countries, such as the former Sovie
Post by: VincenzoD on Aug 2, 2015
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