Part 1/11:
Why is Russia Not Rich? An In-Depth Analysis
Russia is a country endowed with abundant natural resources, fertile farmland, and a sizable labor force. However, despite these assets, it has never achieved the wealth levels seen in other resource-rich nations. Understanding Russia's economic stagnation requires a historical perspective, tracing its path from early serfdom to its current status as an oligarchic state. This article examines key chapters in Russia's economic history to uncover the reasons behind its persistent poverty.