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Home Q & A Board Humanities History
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judoca24 judoca24
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6 years ago
How did privatization contribute to the struggles facing Russia?
 
  A) Privatization saved Russia from failure when the East Asian financial crisis of 1998 struck.
  B) It did not lead to the modernization of industry as anticipated, but to the plunder of the country's assets by tycoons and gangsters.
  C) Privatization was difficult and shorted the country of assets initially, but as raw materials were turned into marketable goods, the economy began to transform.
  D) Privatization required the assistance of loans from the EU to introduce new technology the world demanded, preventing Russia from achieving independence.
  E) None of these
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lowster11lowster11
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6 years ago
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