How Was the Collapse of the Soviet Union Different from That

question 33

Short Answer

How was the collapse of the Soviet Union different from that experienced by Austria after World War I or by Germany after World War II?

---

Definitions:

Incentive Programs

Schemes designed to motivate and reward desired behaviors or performance from individuals or groups.

State of Nature

A term used in decision theory referring to the actual but possibly unknown status of the world, which affects the outcomes of decisions.

Opportunity Loss

The cost of the next best alternative foregone as a result of making a decision.

Actual Profit

The realised gain from business operations or investments, after all costs and expenses have been deducted.