Economy of Russia

A detailed Summary of Economy of Russia


The phase in the business cycle that Russia is in is Prosperity.

Prosperity is the high point of the business cycle. The Gross Domestic

Product is 796 billion dollars. Russia is partners with Germany in

exporting and importing. The number of imports is 33 billion and the

number of exports are 66 billion. The National Budget is 56.6 billion

dollars. They have 1 radio per 2.9 people. They also have 1 Telephone per

5.9 people. Russia's education is free and compulsory through ages 7 to

17. The unemployment rate is 8 percent. The inflation rate is 85 percent

and possibly more if monetary policy is relaxed. Russia was mostly an

agricultural country until the late 19th cen



Some common words found in the essay are:
Mikhail Gorbachev, Soviet Union, National Budget, Domestic Product, Civil War, Information Age, Asia Siberia, soviet union, Prosperity Prosperity, , Russia Economic, business cycle,

Approximate Word count = 463
Approximate Pages = 2 (250 words per page double spaced)

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