1. Which statement accurately reflects the way that Hungary’s economy changed following the breakup of the Soviet Union?
Overwhelmed by internal conflicts, inflation and unemployment have remained high.
A government program encouraging privatization helped turn around the economy.
The government retained control of most industries until they were modernized.
The change to a market-based economy increased the standard of living in the country within five years.
2. The small nations of Lithuania, Latvia, and Estonia lie on the eastern shore of the _____.
European Union
Black Sea
Soviet Union
Baltic Sea
3. Latvia’s industrial economy does not include _____.
electrical equipment
pharmaceuticals
shipbuilding
motor vehicle production