Question

As a result of Burma becoming a socialist state in the 1960s, what economic changes occurred? Check all that apply.

1. Agricultural production declined.
2. Consumer goods became unavailable.
3. Industrialization failed.
4. Outside investment was restricted.
5. The stock market crashed.

Answer 1

1, 2, and 4. are the ones y'all need

Answer 2

The correct answers are 1) agricultural production declined, 2) consumer goods became unavailable, and 4) outside investment was restricted.

As a result of Burma becoming a socialist state in the 1960s, the economic changes that occurred were that agricultural production declined, consumer goods became unavailable, and outside investment was restricted.

In 1962, a military coup ousted government leader U Nu's, and Gen Ne Win arrived at power to nullify the federal system and establish socialism in Burma. He socialized the economy, formed one party and banned freedom of speech. So as a result of Burma becoming a socialist state in the 1960s, the economic changes that occurred were that agricultural production declined, consumer goods became unavailable, and outside investment was restricted.