The standard of living after the fall off the Soviet Union has changed dramatically for most of the Russians because there was change in the economic reforms and the policies.
Explanation:
After the fall of the Soviet Union in 1991, Russia had tried to develop the market economy and to increase the foreign trade and many steps were taken.
The supply of Russian money was increased by eighteen times and this changed the economy value of the country. This hike in the currency rate led to high level of foreign deposits and it led to the hike in the country’s economy.
