Discuss the Factors That Contributed to the Collapse of Centrally

question 24

Essay

Discuss the factors that contributed to the collapse of centrally planned economies.

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Definitions:

Explicit Memory

The conscious, intentional recollection of factual information, previous experiences, and concepts.

Implicit Memory

A type of long-term memory that does not require conscious thought and involves skills and routines that are performed automatically.

Procedural Memory

A type of long-term memory involved in the acquisition of skills and tasks that can be performed without conscious recall.

Episodic Memory

A subtype of long-term memory that involves the recollection of specific events, situations, and experiences.