1. Communism East Europe
... policies which he introduced in the 1950's had an initial success, they soon collapsed with disastrous effects. Figures for meat in 1958 were artificially high but collapsed soon after. In 1962 there were sharp increases in the prices of butter and meat. (22) Food riots were forcibly quelled ... the budget deficit rose from 3% in 1985 to 14% in 1989. (29) Inflation increased to over 5%. (30) Prices failed to reflect the high cost of production and many companies were working at a loss. This economic failure of communism meant that support for the system fell and that it was ... was cur...
- Word Count: 5545
- Approx Pages: 22
- Grade Level: High School