RUSSIAN FEDERATION. Российская Федерация. VOCABULARY. permafrost – ground that is permanently frozen. Arable Land – land that can be used for growing crops. “- stan ” – Homeland of... Market economy - production, price and distribution are primarily determined by the free market.
Arable Land – land that can be used
for growing crops.
“-stan” – Homeland of...
Market economy - production, price and distribution are primarily determined by the free market.
Demographics – statistics based on population related factors such as age, sex, education, etc.
Trade Deficit – The value of a country's imports is greater than its exports.
Balance of Trade – the difference between the monetary value of exports and imports.
Standard of Living – The overall quality of life that people enjoy.
Westernize – To become more like the United States and/or Western Europe.
Russification – to become Russian in character.
Imperialism - Extending a country’s rule/influence over foreign countries
Soviet Union(USSR) -A large group of countries in Asia, led by Russia. USSR no longer exists.
Soviet - Russian word meaning council.
Communism -political, social, and economic system of in which the state owns all property, controls the production and distribution of goods and services.
Dictatorship – ruled by a single person or small group with absolute power.
Command economy - Government determines prices, production, and distribution of goods and services.
collective farm - government owned farm where people work on a quota system.