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.
Topics that use Economic decline and debt in the planned economy
- Growing crises and the collapse of communist rule in the GDR (Pearson Edexcel A-Level)
Related terms
- Consumer dissatisfaction and quality of goods
- Dependence on West Germany and intra-German relations
- Honecker's dismissal
- Mass emigration
- Opening of the Berlin Wall
- Pressure for reform from below
- Protestant opposition and civil society
- Soviet reform and its reception in the GDR
Using Economic decline and debt in the planned economy in the exam
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