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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2646 |
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The functions of money did not exist within the command economies. Within the governing area, money was simply used as an accounting tool. The currency was based on convertible rubles and had no use outside of the council for mutual economic assistance trade zone countries. When more currency was needed, they simply printed more money (Lavigne)...
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When more currency was needed, they simply printed more money (Lavigne). There were no interest rates to be effected by money supply, prices or demand. The bank was property of the government and only the central planner decided the ways in which money was dispersed throughout the country. Money passed through the economy through a planned central economy where resource efficiency was not a priority...
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General points of the essay
Communism In The Soviet Union And Why It Failed
Decentralization of Banks in Eastern Europe and the Soviet Union
Economic Functions of Money, Risk, and Cost
FDI in Eastern and Central Europe
How Banks make their money
Collapse of the soviet union
Fall of Communism in Eastern Europe, 1989
Soviet Union Breakup
Soviet Union
Breakup Of The Soviet Union An
Russia and the Soviet Union
The Soviet Union
American Culture: Money! Money! Money!
Central &Amp; Eastern Europe Label Markets
Some people think that governments should spend large amounts of money to explore outer space. Others think that this money should be used to improve life on earth
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