All of the Following Contributed to the Downfall of the Soviet

question 139

Multiple Choice

All of the following contributed to the downfall of the Soviet Union in 1991 except

• A)public dissatisfaction with low living standards and political repression.
• B)an inability to produce low-cost consumer goods that households wanted.
• C)lack of high-quality goods and services.
• D)lack of a strong dictator who could coordinate economic activities.

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Definitions:

Covenants

Agreements or clauses, especially in contracts and property leases, that stipulate actions the parties must perform or avoid.

Monitoring

The process of systematically observing, checking, and recording activities or data to ensure standards are met or progress is being made.

Moral Hazard

The situation where one party is more likely to take risks because they do not bear the full consequences of their actions.

Shirking

Avoiding or neglecting duties, responsibilities, or work, often covertly, to reduce personal effort while still receiving compensations or benefits.