In the Old Days of the Soviet Union, Ideology Dictated

question 37

Essay

In the old days of the Soviet Union, ideology dictated that the prices of consumer goods should decline over time. Hence, the Soviet planners consistently set the prices of goods like bread and meat much below the cost of the materials used to produce them. They did not, however, subsidise the prices of the goods and materials used by producers. Soviet fur breeders were supposed to purchase animal products at high prices to feed their mink and sable, and bread and meat at low prices to feed their families. If these producers responded to incentives, how do you think they adjusted their purchases of grain, animal products, bread and meat?

---

Definitions:

Sodium Hydroxide

A highly caustic metallic base and alkali salt also known as lye and caustic soda, used in various chemical manufacturing processes.

Organic Product

A chemical compound that primarily contains carbon atoms, typically synthesized in a laboratory or isolated from living organisms.

Aldol Product

A compound produced by an aldol condensation reaction, typically involving the formation of a β-hydroxy ketone or aldehyde.

4-methylpentanal

An organic compound, specifically an aldehyde, with the chemical formula C6H12O, characterized by a methyl group attached to the fifth carbon of a pentanal chain.