Which of the Following Were Factors Hindering Reforms in Russia

question 15

Multiple Choice

Which of the following were factors hindering reforms in Russia?

• A) lack of urbanization
• B) predominance of agriculture.
• C) poor transportation opportunities.
• D) diversity of languages proscribing unification.
• E) all of the above

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Definitions:

High-Wage Nation

A country where the average salary and wages are significantly higher than the global average.

Compete Effectively

The ability of a company or entity to develop and implement strategies that secure an advantage over its competitors in a market.

Low-Opportunity Cost Producer

An individual or company that can produce goods or services at a lower opportunity cost than competitors.

High Opportunity Cost

The significant loss of potential gain from other alternatives when one option is chosen.