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When the Soviet Union Began Breaking Up in the Late

question 78

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When the Soviet Union began breaking up in the late 1980s, cigarettes began replacing the ruble as the medium of exchange even though the ruble was legal tender. The cigarettes provide an example of commodity money.


Definitions:

Guineas

A British gold coin that was issued from 1663 until 1814, traditionally valued at 21 shillings.

Lemons

A term that can refer to a type of citrus fruit or, in economics, a product that is found to have defects after it has been bought.

Tangerines

A small citrus fruit with a deep orange color, known for its sweet flavor and easy-to-peel skin.

Punk Rock Video Cassettes

Physical tapes used for recording and playing back video content related to the punk rock music genre.

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