Question & Answer

In places and states of the former Soviet Union, the shift from communism to capitalism and free markets is referred to as:

In places and states of the former Soviet Union, the shift from communism to capitalism and free markets is referred to as: A. Capitalization
B. Democratization
C. Nationalization
D. Economic restructuring

1 Answer

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Quizzma TeamMay 17, 2025

The correct answer is D. Economic restructuring.

Explanation: The transition from communism to capitalism in the former Soviet Union involved significant changes in how economies were structured and operated, which is commonly referred to as economic restructuring. This process included the privatization of state-owned enterprises and the establishment of market-oriented reforms.