Problem
1. How large is the market sector in the Soviet Union? What types of goods and services are traded in the market? Given its socialist objectives, why does the Soviet Union permit a market sector?
2. How efficient is Soviet planning? What problems arise from detailed planning? How has the Soviet Union attempted to reduce planning inefficiencies? Do the planners consider the importance of economic incentives? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.