Paring United States And China By Economy Statisticstimes. A Compare & Contrast Diagram showing Soviet Union Vs United States. However, the Soviet Union, officially Union of Soviet Socialist Republics, is now a defunct government that split into the Russian Federation and several other small countries. USSR or the Soviet Union era was lasted from 1917 to 1991 whereas Russia continued from that point till now. Russia vs Soviet Union Russia and Soviet Union are two sovereign states that stretch across two continents: Asia and Europe. USSR or the Soviet Union era was lasted from 1917 to 1991 whereas Russia continued from that point till now. You can edit this Compare & Contrast Diagram using Creately diagramming tool and include in your report/presentation/website. Soviet Economics. Which Has The Bigger Economy Texas Or Russia. By 1970, the Soviet economy had reached its zenith and was estimated at about 60 percent of the size of the USA in terms of the estimated commodities (like steel and coal). Figure 2 compares the Soviet Union’s economic outcomes in real output per head. The Soviet Union, officially known as the Union of Soviet Socialist Republics (USSR or СССР) , was a federal sovereign state in northern Eurasia that existed from 1922 to 1991. But the economy and political structure were already in deep decay. (Second draft) Numa Mazat Numa Mazat** Franklin Serrano** Abstract: The purpose of this paper is to study the Soviet economic growth from 1950 to 1991, focusing on the questions of … Geography - The Soviet Union and the United States actually shared many geographical similarities. Russia is the successor of Soviet Union and comprising present day Russia and Siberia for the most part while the Soviet Union was the … Note also that the Soviet Union spent a sizable share of its economy (15-17%) on military spending (vs 5% in the US in the 80s) and on investment (rather than consumption), so GDP growth does not translate into population welfare equally in every country. Following World War II, the Soviet Union emerged as a global superpower to rival the United States. The Soviet Union's relatively small consumer sector accounted for just under 60% of the country's GDP in 1990 while the industrial and agricultural sectors contributed 22% and 20% respectively in 1991. The Soviet Union and the United States represented two very conflicting ideologies. Nominally a union of multiple national Soviet republics, in practice its government and economy were highly centralized. The Soviet Union represented 20% of the world's economy in 1966 (highest point) and at the … It is standard fare for comrades to discuss the gulags, Joseph Stalin, Mikhail Gorbachev, and the Cold War when musing on the history of the Soviet Union over a bottle of vodka.