47.3k views
0 votes
Economic system of Mongolia during the cold war command or market


User Ephrion
by
7.9k points

1 Answer

6 votes

Answer:

Market Economy

Step-by-step explanation:

Surprisingly, as Mongolia was sandwiched between the two major communist (command economy) powers during the Cold War, that you would believe Mongolia herself is a communist state. However, this is not the case. Mongolia actually was a democracy, and used a Market Economy, which gave Mongolia an early place in the U.N.

User Seth Spearman
by
8.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.