Chernomyrdin was key in Russia's transition from what?
Monarchy to Republic
War to Peace
Planned to Market Economy
Isolation to Globalization
Answer
Planned to market economy refers to the economic transformation that Russia underwent during the 1990s, shifting from a centrally planned economy to a market-oriented system. Chernomyrdin played a pivotal role in this transition, which involved privatizing state-owned industries, liberalizing prices and trade, and implementing stabilization measures to curb inflation and stabilize the currency.
Mastering the Past: A Deep Dive into the Era of Viktor Chernomyrdin
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