Question

Why did Russia experience severe unemployment after the collapse of the Soviet Union?

Answer 1

Answer:

Boris Yeltsin became Russia’s first elected president in June of 1991 and by the end of that year, he had agreed with the leaders of Ukraine and Belarus to dissolve the Soviet Union.

Explanation:

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Answer 2

Explanation:

After the collapse of the Soviet Union in 1991 and collapse of Soviet Russia's controlled economy, a new Russian Federation was created under Boris Yeltsin in 1991. The Russian Federation had multiple economic reforms, including privatization and market and trade liberalization because of collapse of communism.