All three Baltic states started off with the same legacy of efficient industry and American-style capitalist economies.

Question

Quizplus · Accepted Answer

The Baltic states did not start off with the same legacy of efficient industry and American-style capitalist economies. They were part of the Soviet Union, which had a centrally planned economy, and only began transitioning to market economies after regaining independence in the early 1990s.

All Three Baltic States Started Off with the Same Legacy