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Re: Why did the USSR fall?
- To: PEN-L@xxxxxxxxxxxxxxxx
- Subject: Re: Why did the USSR fall?
- From: "Devine, James" <jdevine@xxxxxxx>
- Date: Sun, 2 May 2004 08:00:53 -0700
- Thread-index: AcQwP953Srjie+IvRjqYXGCEEd1IbwAFexSU
- Thread-topic: [PEN-L] Why did the USSR fall?
Asking about Russia's economic dependency, I asked: >> how about investment goods? those are more crucial.<<
Chris D. asks:>Could you define the term for economically-challenged me?<
I'm talking about fixed produced means of production. If the machine tool (etc.) industry in Russia is non-existent or produces obsolescent equipment, then either all means of production need to be imported or industries that use domestically-produced ones will be at a competitive disadvantage. Either way, that means that Russia's economic growth (that's not based directly on domestically-produced raw materials) is dependent on imports.
Jim D.
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