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    History A-Level

    Economic decline and debt in the planned economy

    What Economic decline and debt in the planned economy means in History A-Level, as defined for Pearson Edexcel.

    Definition of Economic decline and debt in the planned economy

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    Reference: Pearson Edexcel

    National debt to Western banks and governments grew in the 1980s as imports were financed by borrowing rather than export earnings, exposing the limits of the planned economy.
    Pearson Edexcel · Growing crises and the collapse of communist rule in the GDR (study guide)

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