Multiple choice

The Soviet Planned economy failed because

  1. it refused to convert and update its factories to

  2. It couldn't fully control the steel & oil industries

  3. it didn't produce any consumer goods

  4. government planners in Moscow knew little about local needs
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Centralized planning in the Soviet Union suffered because planners in Moscow lacked the detailed, real-time information about local supply and demand, leading to massive inefficiencies and shortages.

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