Universal Price Controls in the Soviet Union

question 108

Multiple Choice

Universal price controls in the Soviet Union:

• A) led to widespread prosperity.
• B) harmed powerful interests in the short run.
• C) caused never-ending shortages and misallocations.
• D) meant no one ever had to wait in line.

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Definitions:

Golem Effect

Loss in performance due to low leader expectations.

Zeigarnik Effect

Deterioration of morale and performance when tasks begun are not completed, which can be prevented by assigning whole tasks and allowing sufficient time for completion.

Glass-Ceiling Effect

A metaphorical barrier that prevents certain groups, often women and minorities, from advancing beyond a certain level in hierarchies, particularly in corporate settings.

Leadership Training

Programs or activities designed to develop and enhance leadership skills and qualities in individuals.