2006-08-05 01:17:04 · 9 answers · asked by Red Scorpion 3 in Politics & Government ➔ Government
The cost of the cold war ruined their economy.
However, when Gorbachev announced the end of communist rule, he said that communism is 'beautiful on paper, but just doesn't work.'.
He didn't blame the end of their era on economics, he blamed it on bad government.
2006-08-05 01:25:20 · answer #1 · answered by rangedog 7 · 2⤊ 0⤋
The USSR was. They didn't have a very strong economy to begin with, but they took what they had and put it towards their military might. The were going to keep up with the US or surpass it. They went broke. Many of their Military members to this day have problems getting a paycheck.
2006-08-05 08:20:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Ronald Regan brought about the down fall of the Iron Curtain. He simply outspent the USSR. Their government chose to spend all their money keeping up with the US and it caused an economic crisis they couldn't recover from.
2006-08-05 08:22:33 · answer #3 · answered by Erin S 4 · 0⤊ 0⤋
Their military industrial complex was draining too much capital, there was not enough investment in new production capacity. They did it themselves, their economy could have survived based on GNP, but they misdirected the surplus from generating more surplus into an economic black hole--military spending. Just like the US is doing now.
2006-08-05 08:21:41 · answer #4 · answered by jxt299 7 · 0⤊ 0⤋
Yetsin,Clinton,Bushman
2006-08-05 08:22:05 · answer #5 · answered by shaikhmohdmusa 4 · 0⤊ 0⤋
The type of goverment. When the goverment controling the economy failed, the economy failed.
2006-08-05 08:21:23 · answer #6 · answered by ASDFGHJKL 2 · 0⤊ 0⤋
The abused their men; that's the surest way to destroy any society.
2006-08-05 08:19:45 · answer #7 · answered by Put_ya_mitts_up 4 · 0⤊ 0⤋
their own government. they wanted to catch up so bad. their government is also very corrupt.
2006-08-05 08:20:56 · answer #8 · answered by Anonymous · 0⤊ 0⤋
the damn americans i love muther russia . we had this due to the damn americans
2006-08-05 08:20:07 · answer #9 · answered by ThE TiTaN 3 · 0⤊ 0⤋