Define capitalism in Russian history
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In Capitalism, the resources or the means of production lies with a private owner. The profit of any enterprise is equally shared in by all the people, the profit in a capitalist structure belongs to the private owner only
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Explanation:
In 1991 the Soviet Union finally collapsed - officially ending the cold war and ushering in a new era of what was to be freedom, democracy and capitalism. As such the Soviet empire dissolved in to 15 republics the largest being the Russian Federation.
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