brionna96
brionna96 brionna96
  • 02-03-2021
  • History
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List two reasons why communism failed and the Cold War ended?

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aestheticari14
aestheticari14 aestheticari14
  • 03-03-2021

Answer:

Three years after the Russian Revolution, an Austrian economist, Ludwig von Mises, argued that Communism would fail and explained why. Communism, or socialism, couldn’t succeed, Mises wrote in 1920, because it had abolished free markets so that officials had no market prices to guide them in planning production.  

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