After an Unsuccessful Initiative Program,this Became the Goal of COMECON

question 16

Multiple Choice

After an unsuccessful initiative program,this became the goal of COMECON.

• A)economic self-sufficiency
• B)mutual trade among the Soviet bloc
• C)a move to Chinese Communism
• D)export production for the West European market
• E)capitalist investment

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Definitions:

Increased Productivity

A situation where more output is produced from the same amount of inputs due to efficiency improvements.

Managers Training

Programs designed to improve the skills, knowledge, and performance of individuals in leadership and supervisory roles.

Output Produced

The total amount of goods and services produced by a firm or an economy during a specific period.

Input

Resources used in the process of production, including raw materials, labor, and capital.