How does the economic system of the USSR differ from that of America?

Answers

Answer 1

Answer:The U.S. and the Soviet Union had different ideas about how to run an economy (business) and government. The U.S. believed in Capitalism – a system where ordinary people and businesses control the production of goods and services. ... The Soviet Union influenced Eastern Europe, while the U.S. influenced Western Europe.

Explanation:

Answer 2

Answer:

The USSR believed in communism while America in capitalism.

Communism means:

Everyday people don't control the mass production of goods and services for the people, but instead, everyone in the community contributes and receives according to their needs. Everyone gets everything equal; including payment, food, houses, and resources.

Capitalism means:

Everyday people and businesses control the mass production of goods and services for the people, not the government. Here, people control and own their own private properties. Everyone doesn't get anything equal; one person can get paid millions, have many houses, and eat luxurious foods, while another person can get paid minimum wage, have a small house, and have barely any resources to live off of.

Final note:

For economy, the U.S's was way (and still is) more advanced than the USSR.


Related Questions

In the circular flow model, businesses provide goods and services to which
part of the economy?
A. Businesses
B. Product markets
C. Resource markets
O D. Households

Answers

Answer:Product Markets!

Explanation:

I just took the test!

In the circular flow model, businesses provide goods and services to the Product market part of the economy. Thus option B is correct.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

The circular flow model explains how money circulates in society. Workers receive wages from manufacturers, and production companies receive cash from employees.

The marketplace whereby finished products or services are offered for sale to the private and public sectors is known as the product market. Demand for raw materials and supply for finished items interact on the product market.

Therefore, option B is appropriate.

Learn more about the economy, here:

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How was ancient Greek democracy different from American democracy today?

A. Everyone did not always agree.
B. Strong speakers influenced others.
C. People could speak their opinions.
D. All citizens voted on every issue.

Answers

Answer:  

i think it’s d

In Athenian direct democracy all citizens voted and in an American representative democracy citizens vote for representatives to vote for them.All citizens voted in an ancient Athenian democracy and in a modern American democracy citizens vote for representatives to vote for them.

It’s C because they said their opinions

Based on the information in the graph, what is the best conclusion to draw
about Africa?
World Population Growth
20,000
10,000
TM
World
OMON
5,000
*
Asia
2,000
WORK
Africa
NA
1,000
Europe
*****
500
200
United States,
Canada, and Greenland

Answers

Answer:World Population Growth 20,000 10,000. TM World OMON 5,000 * Asia 2,000. WORK Africa NA 1,000. Europe ***** 500 200. United States, Canada, and Greenland.

Explanation:

Bethany says that she likes dark chocolate more than white chocolate. Why is her statement considered a personal perspective? A. She is stating evidence B. She is giving her opinion C. She is avoiding an opinion D. She is trying to hurt someone's feelings​

Answers

Answer:

B. she is giving her own opinion.

Explanation:

a personal perspective isn't a factual answer

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