Stabilization, Adjustment, Reform and Privatization

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Stabilization, Adjustment, Reform and Privatizationeconomics-mcqs › stabilization-adjustment-reform-and-privatization
Published
30 May 2019
Last updated
28 May 2026

Browse all Stabilization, Adjustment, Reform and Privatization MCQs

Which mechanism did the Soviet Communist Party use to oversee the state by recommending and approving appointments and promotions within administrative and enterprise management, thereby controlling access to government roles?

Multiple choice question for Stabilization, Adjustment, Reform and Privatization. Select an option, then review the explanation below.

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Explanation

The Soviet party maintained control over government positions through the nomenklatura system, a method of managing appointments and promotions by recommending trusted individuals for key administrative and enterprise roles. This system emphasized political loyalty and centralized control, unlike organizations such as Gosplan or Gosagroprom, which were focused on economic planning and industrial management.

Practice related questions from the same subject.

  1. 1.Vladimir Popov, a critic of the 'shock therapy' approach for transitioning economies, argues that proponents of this method primarily focus on what aspect?
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  3. 3.What is another term commonly used for state-owned enterprises (SOEs)?
  4. 4.What does the industrial concentration ratio represent in terms of industry output?
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