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The Soviet economy was based on money a lot less than US or even socialist Denmark. An average family would have enough savings to buy pretty much everything th
by alive-or-not 14y ago
The Soviet economy was based on money a lot less than US or even socialist Denmark. An average family would have enough savings to buy pretty much everything they wanted (excluding luxury stuff, like holiday abroad or a limousine), but the only place they were legally allowed to buy most stuff were state-owned companies. A family would have to wait say 15 years in a queue to buy an apartment, 7 years for a car and a couple of years for a TV, vacuum cleaner or a washing machine. This is one place where a high achiever could "cash" on his hard work, as he may be allowed to buy stuff w/o waiting. Generally reputation, favors, networking played a bigger role in Soviet economy and hard work could help with those.
Nice article BTW ;)