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What kind economic system did Russia have where government owned all means of production?
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3 votes
What kind economic system did Russia have where government owned
all means of production?

User Iamdlm
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1 Answer

3 votes

Answer:

Centrally Planned Economy

Step-by-step explanation:

Communist countries, particularly Russia and China, decided on a centrally planned economy. The centrally planned economy had the following major attributes: The government owns all means of production, which is managed by employees of the state.

User Aerijman
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