Highlight any one major distinction between the Soviet economy and the Capitalist economy.


Soviet economy was planned and controlled by the state while Capitalist economy is liberal.

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Which one of the following statements about the Berlin wall is false ?

  • It symbolized the division between the Capitalist ;and the Communist world.

  • It was built immediately after the Second World War.

  • It was broken by the people on 9th November, 1989.

  • It was broken by the people on 9th November, 1989.


B.

It was built immediately after the Second World War.

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How did the Soviet Union suddenly disintegrate? Explain any six reasons. 


Reasons for disintegration:

i) Internal weakness of Soviet political and economical institutions.
ii) Soviet Union used much of its resources in maintaining Nuclear and military arsenals.
iii) Communist party was not accountable to the people.
iv) Ordinary people became more knowledgeable about the technology.
v) Corruption was rampant. vi) The Soviet Union had became stagnant in administrative and political sense.
vii) The system was unwilling to allow openness.

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State any two features of the Soviet System.


The features:

(i) It was very bureaucratic and authoritarian.

 (ii) It had tight control over all institution and was unaccountable to the people.

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How was the U.S. benefited by the Soviet disintegration ?


(i) It established US hegemony in the world.

(ii)Capitalist economy model followed by US became accepted norms.

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