QUESTION IMAGE
Question
during the cold war, the soviet union had a ________ economic system.
- capitalist
- socialist
- communist
🆕 New Concept Discovered: Cold War Economic Systems
The ideological division between command and market economies.
Step 1: Analyze the options
The question asks for the type of economic system the Soviet Union (USSR) had during the Cold War. Let's look at the three choices:
- capitalist: An economic system based on private ownership of production and free market forces (used by the United States and its allies).
- socialist: An economic system where the production and distribution of goods are controlled collectively or by the government.
- communist: A specific political and economic ideology aiming for a classless society where all property is publicly owned, and the state controls all economic activity.
Step 2: Identify the Soviet Union's system
During the Cold War, the Soviet Union operated under a state-controlled command economy based on Marxist-Leninist ideology. The state owned all land, industries, and resources, planning all economic production centrally. This system is officially classified as a communist economic system.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
communist