Register

Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?

Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?
150k views
0 votes
Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?

User Ycannot
by
8.6k points

1 Answer

3 votes
The main reason why a severe downturn in oil prices during the early '80s was detrimental to the Soviet economy is because Russia was one of the world's leading exporters of oil in the world--meaning that when prices dropped, so did their GDP. 
User Will Mason
by
8.2k points
← Prev Question Next Question →

Related questions

User Eric Ed Lohmar
asked Oct 20, 2017 66.0k views
Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?
Eric Ed Lohmar asked Oct 20, 2017
by Eric Ed Lohmar
7.4k points
2 answers
2 votes
66.0k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

is it true or false that after the american revolution conflicts in the northwest territory erupted between remaining british soldiers and native americans
Who made dutch claims in north america?
How did world war 1 affect the racial and ethnic makeup of american cities
Link Copied!