Question

How does the economy of the russian federation differ from that of formr Soviet union? Include one example

Answer 1

After the collapse of the Soviet Union, the Russian Federation shifted from a command economy to the global market economy. Today, the Russian Federation operates under a market economy. For example, under the command economy of the Soviet Union, the rich deposits of oil found in Russia were drilled and owned by the Soviet government. In the market economy of the Russian Federation, however, wealthy Russian corporations drill and sell the oil to domestic and foreign consumers.

Step-by-step explanation:

this is the plato (edmentum) answer so make sure to change the wording a little bit so your teachers dont think something is up

Answer 2

The economy is more liberated due to the fall of communism

Step-by-step explanation:

The economy of the russian federation differ from that of former Soviet Union due to the former Soviet Union practicing and upholding communism which had an impact on the economy in the sense that wealth and industries were owned by the community.

The Russian federation now operates a more liberal economy in which there are forms of privatization and liberal trade.