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By the end of the 1980s, communism began to collapse in the Soviet Union and its satellite nations.
Government Intervention
Actions taken by a government to influence or directly regulate various activities within its economic systems.
Taxes
Required financial dues or other levy types enforced on taxpayers by governmental institutions, intended to support government funding and multiple public spending purposes.
Average Price Level
An index that summarizes prices across a variety of goods and services within an economy at a given time, providing a snapshot of overall price trends.
Imports
Goods or services brought into one country from another for the purpose of trade.
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