Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:
What is the main reason for the poor performance of the agricultural sector in the former Soviet Union?
Options:
Lack of available land for cultivation.
Inefficient farming techniques.
Insufficient investment in agriculture.
Absence of ownership and incentives.
Correct Answer:
Absence of ownership and incentives.
Explanation:
The poor performance of the agricultural sector in the former Soviet Union can be attributed to the absence of ownership of land, which resulted in a lack of incentives for farmers to be efficient.