Which of the Following Describes What Happened After the Soviet

question 120

Multiple Choice

Which of the following describes what happened after the Soviet Union dissolved?

• A) Fifteen new independent nations arose in its place.
• B) Russia emerged as a superpower.
• C) The war on communism ended, as no other country claimed it as a form of government.
• D) East European countries rapidly prospered.
• E) The United States exercised, once again, an isolationist policy.

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Definitions:

Demand

The desire for specific goods or services accompanied by the ability and readiness to pay for them.

Supply

The total amount of a specific good or service available to consumers, potentially influencing its market price.

Supply Curve

The supply curve is a graphical representation demonstrating the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing and able to supply at those prices.

Business Revenues

The total income received by a company from its sales of goods or services, before any expenses are subtracted.