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Russian Default on Debt

0 examined the specific issue of market-based pricing, or prices based on supply and demand, which most people correctly interpreted as meaning higher prices. The question indicated that market-based pricing was the main element in the transition to the market. The largest number of people in all republics favored continuing the stable, government-set prices for all goods. The most important reform is the shift from state to private ownership, and this is also the reform that most went against decades of state indoctrination. The cooperative movement in 1988 and 1989 was the first attempt at legal private enterprise in the Soviet Union, and it met with considerable opposition. Late in 1989, nearly half of all respondents disapproved of the new businesses, and only 25 percent approved. A survey conducted six months later, though, showed that 54 percent were willing to work for a private employer while only 27 percent refused to do so. There have been more changes since as more respondents accept private ownership (White, Gill, and Slider 188-1

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Russian Default on Debt. (1969, December 31). In LotsofEssays.com. Retrieved 23:10, May 16, 2024, from https://www.lotsofessays.com/viewpaper/1691311.html