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Eastern Europe

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Craig Collins

on 10 March 2010

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Transcript of Eastern Europe

Eastern Europe Craig Collins Eastern European Countries: ALBANIA, BOSNIA & HERZEGOVINA, BULGARIA, CROATIA, THE CZECH REPUBLIC, HUNGARY, MACEDONIA, POLAND, ROMANIA, SLOVAKIA, SLOVENIA, YUGOSLAVIA This region is located between ASIA and the rest of Europe shaped its HISTORY as many groups migrated into this region creating great DIVERSITY. Eastern Europe is a CULTURAL CROSSROADS, or a place where various culturs cross paths. Many traders, NOMADS, migrants and ARMIES have been moving between Europe and Asia making this region IMPORTANT so that many world powers have tried to CONTROL it. BALKANIZATION has occured in many Eastern European countries as the region broke off into small, mutually HOSTILE units. The SOVIET UNION controlled this region for four decades causing severe ECONOMICAL problems. Under Soviet rule, COMMUNISM was in place, as was a command economy, as the GOVERNMENT owned all factories and told them what to produce. This system was INEFFICIENT because industries had little MOTIVE to please customers or to cut COSTS, and often there was a SHORTAGE of goods. History This region was also forced to TRADE with the Soviet Union so they didn't keep up with the TECHNOLOGY of other nations. In 1989 most of this region began to move toward a MARKET economy, in which industries make the goods CONSUMERS want to buy. Many factories then became PRIVATELY owned instead of STATE owned, which caused problems such as INFLATION, the closing of factories, and UNEMPLOYMENT. Since then, many factories have CUT their costs and improved PRODUCTION. Modern Life In general, this region is less URBAN than the rest of Europe. As Eastern Europe develops more INDUSTRY, its cities will GROW. Many countries still have FIERCE loyalties to their own ethnic groups, which have resulted in CONFLICT To obtain true democracy, Eastern Europeans need to overcome old HATREDS and work TOGETHER. THE END.
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