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Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?
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Aug 9, 2016
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Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?
History
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Vladimir Dzhuvinov
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Vladimir Dzhuvinov
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Answer: It was an oil-exporting nation.
Step-by-step explanation:
Jean Paul Galea
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Aug 9, 2016
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Jean Paul Galea
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The main reason why a severe downturn in oil prices during the early '80s was detrimental to the Soviet economy is because the Soviets depended greatly on the export of oil for their economy to strive--meaning that when prices fell so did their GDP.
Figueroa
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Aug 13, 2016
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