Answer the 3 questions on page 382. You do not have to write the questions.

Economics of Russia and Republics

Command Economy

One in which a central authority (government) decides what goods will be produced and how much.

Why would Russians welcome communism?

Dissatisfaction with czarist governments

Food shortages during World War I Many Russians believed that

communism would improve there lives.

What was life like during Communist Rule?

The standard of living remained poor People found that Communist had

become there new masters.

After the fall of Communism

Russian has moved toward a market economy where consumers choose what is produced by supply and demand

What has been the Trans-Siberian Railroads affect on Siberia?

Has allowed people and goods to the Siberian region, making it more populated and more developed

It has allowed people to the remote region and to exploit the natural resources.

How is the majority of agriculture produced in Russia?

Small subsistence farming mainly on the Northern European Plains.

How is the internet benefiting Russian consumers?

Consumers are able to shop and compare pricing online before making purchases at the store

Why is the pattern of economic activity in the Arctic Ocean changing?

Global warming will create an ice-free Arctic Ocean allowing access to any deep sea resources. This has been both positive and negative?

Why do you think pipe line drilling in the Arctic has been positive and negative?

What technological innovation dealing with oil have been made?

Pipelines have allowed for the movement of natural resources of oil and gas

What countries have a higher standard of living in the Region?

Russia and the Ukraine