At the time it collapsed in 1991, the Soviet Union possessed all of the factors that promote increases in economic growth EXCEPT:

Question

Quizplus · Accepted Answer

All of the other factors listed were present in the Soviet Union at the time of its collapse. However, the country did not have a political and legal environment that promoted economic productivity. The government controlled much of the economy, there were few incentives for businesses to innovate and invest, and there was widespread corruption and inefficiency. These factors contributed to the economic stagnation that ultimately led to the collapse of the Soviet Union.

At the Time It Collapsed in 1991, the Soviet Union