Descriere: Economy of Romania
Before World War II, the Romanian economy was primarily agricultural. In
1948 the Communist government came to power and took control of nearly all
aspects of the economy. Through a series of five-year plans, the Communists
transformed Romania into an industrial nation. The economy grew
considerably during the first part of the Communist period, but by the
1980s it had slid into decline, and shortages of consumer goods and
degradation of the environment had become widespread.
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