Since the collapse of communism at the end of the 1980s,the erstwhile communist nations have transformed their economies by encouraging all of the following except:
A)privatizing state-owned enterprises.
B)regulating markets.
C)increasing competition.
D)welcoming investment by foreign businesses.

Question

Quizplus · Accepted Answer

The erstwhile communist nations have transformed their economies by privatizing state-owned enterprises, increasing competition, and welcoming investment by foreign businesses. They have not encouraged regulating markets, as this would go against the principles of a market economy. Instead, they have focused on creating a legal and regulatory framework that promotes competition and protects property rights.

Since the Collapse of Communism at the End of the 1980s,the