Can you elaborate about after the soviet unions collapse

Reference no: EM133733988

Assignment:

Can you elaborate about after the Soviet Union's collapse, Russia ventured from communism to capitalism, resulting in an unprecedented move of distributing state-owned assets to its citizens. With each citizen receiving a voucher equivalent to $20, the entire Russian economy's valuation astonishingly sat at $10 billion! However, the chaotic 90s led most Russians to sell these vouchers for quick cash, paving the way for the notorious oligarchs' rise as well as the russian mafia.

Reference no: EM133733988

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