Eastern Europe Changed towards a Market Oriented Economy (352 words, 2 pages)
From 1970 to 1990, Eastern European nations realized they needed a change in their governments as well as economies. Politically, reformers and dissidents wanted to end party-state dictatorships and move towards a pluralist democracy. Economically, centrally planned economies were unsuccessful due to increased bureaucracy, excessive centralization, and debt obligation. Velvet ...
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