Question

Russia turned to which type of economic system in the 1990s

Answer 1

Following the fall of the Soviet Union Russia turned to a more market based economic system after the collapse of communism. This led to greater liberalization and privatization of industries following a decrease in the government's control of the economy.

Answer 2

To a "Market Based Economic System."

Answer 3

After the fall of Communism in the Soviet Union, Russia turned to more a market based economy but still retained some elements of socialism and communism.