Thursday, February 27, 2014

Ch 4

In European history we are studying Russia during the period between World War One and Two. Specifically  we are focusing on the political and social activities of the Soviet Union. Chapter 4 provided an excerpt or the economic structure of Russia and how it evolved, giving me more insight in this period of time. Further this portion clarified questions I have asked Myself about the benefits and destructive qualities of their government involvement. This provided me with a clear example of a failed attempt at government regulation. The allocation of recourses was inefficient causing a distressed population. (For many other reasons as well). Although extreme, the example provided by Wheelan highlights the misguided theory of total government involvement.

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