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Economic system of Mongolia during the cold war command or market


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User Ephrion
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6 votes

Answer:

Market Economy

Step-by-step explanation:

Surprisingly, as Mongolia was sandwiched between the two major communist (command economy) powers during the Cold War, that you would believe Mongolia herself is a communist state. However, this is not the case. Mongolia actually was a democracy, and used a Market Economy, which gave Mongolia an early place in the U.N.

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User Seth Spearman
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