Describe any 3 features of Russian economy
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The economy of Russia:
The ninth largest economy in the world by nominal value and the sixth largest by purchasing power parity (PPP).
Russia has an abundance of natural gas, oil, coal, and precious metals.
Transformed from a centrally planned economy to a more market-based and globally integrated economy. Economic reforms in the 1990s privatized many sectors of the industry and agriculture, with notable exceptions in the energy and defense-related sectors.
The ninth largest economy in the world by nominal value and the sixth largest by purchasing power parity (PPP).
Russia has an abundance of natural gas, oil, coal, and precious metals.
Transformed from a centrally planned economy to a more market-based and globally integrated economy. Economic reforms in the 1990s privatized many sectors of the industry and agriculture, with notable exceptions in the energy and defense-related sectors.
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Features of Russian economy : (i) It isthe ninth largest economy in the world by nominal value.
(ii) It is the sixth largest economy by Purchasing Power Parity (PPP).
(iii) It has been transformed from a centrally plannedeconomy to a market based and globally integratedeconomy
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here is ur answer❤❤❤❤
Features of Russian economy : (i) It isthe ninth largest economy in the world by nominal value.
(ii) It is the sixth largest economy by Purchasing Power Parity (PPP).
(iii) It has been transformed from a centrally plannedeconomy to a market based and globally integratedeconomy
pls mark as brainlist
****
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