What happened after the USSR was established?

In the decades after it was established, the Russian-dominated Soviet Union grew into one of the world’s most powerful and influential states and eventually encompassed 15 republics–Russia, Ukraine, Georgia, Belorussia, Uzbekistan, Armenia, Azerbaijan, Kazakhstan, Kyrgyzstan, Moldova, Turkmenistan, Tajikistan, Latvia.

What were the major consequences of the disintegration of USSR?

Consequences of the disintegration of the USSR The fall of second world. The period marked the end of many communist regimes in response to mass protests. End of cold war: End of arms race, end of ideological confrontations. Change in power equations: Unipolar world, capitalist ideology, IMF, World Bank etc.

What happened to Russia after the Soviet Union broke up?

Russian history: Russia after the Soviet Union Cracking the Soviet bloc In March 1990 Gorbachev became the President of the Soviet Union, the first and only man to hold the rank. But things began to spin out of control.

What are the effects of the fall of the Soviet empire?

The fall of the Soviet empire also had far-reaching effects on the world as a whole, particularly among its former Soviet satellite nations. For some countries, such as Azerbaijan and Kazakhstan, oil and natural gas exports have created prosperity but have also enabled corruption.

What happened to the Russian economy?

From about 1991 to 1998 Russia lost nearly 30\% of its real gross domestic product (GDP), suffered numerous bouts of inflation that decimated the savings of Russian citizens. Russians also saw their disposable incomes rapidly decline.

What happened to the Soviet Union in the Olympics?

The dissolution of the Soviet Union (1988–1991) 1992, when it disbanded but it was succeeded by the Russian Olympic Committee. However, 12 of the 15 former Soviet Republics competed together as the Unified Team and marched under the Olympic Flag in Barcelona,