Explaining The Economy of The Soviet Union (Responding to Economics Explained)

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00:00 Introduction
00:34 "No incentives for good work!"
03:18 "State investment stifles productivity!"
04:45 "Public sector wastes resources!"
07:36 "Lazy, unmotivated workers! Mismanagement!"
10:24 "Throw money at the problem till its solved! Efficiency!"
14:19 "Public sector sucks, again!"
15:23 "Soviet goods were all low quality!"
18:03 "No growth or improvement of living standards!"
18:44 Conclusion
Category
Moldova
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