Located in Central and Eastern Europe, Russia is one of the largest countries in the world. In fact, it is more than twice the size of the United States. Its natural resources are abundant. It is home to vast territories in the Arctic north and south. This vast region contains enormous amounts of oil, diamonds, and gold, among other resources. It is also a major producer of timber and natural gas.
Russia’s economy has been transformed since the fall of the Soviet Union in 1991. A new style of capitalism was developed that replaced the Communist era system. Wealth was shifted to the business elite. Many ordinary workers were left out of the economic picture. The value of the ruble declined rapidly. This left many people unable to purchase their homes. This created a huge amount of unemployment.
The Russian Federation is the largest country in the world. It is situated partly in the North Asian region and partly in Eastern Europe. It shares borders with Estonia, Finland, Norway, and Ukraine. Its territory covers 17,098,242 km2. The Russian Federation is twice the size of the contiguous U.S., and it is the world’s largest country by land mass.
The country is divided into several administrative regions. Most of the population resides in western areas of the country near Moscow. The northern part of the country is sparsely populated and holds enormous amounts of natural resources. It includes the Ural Mountains, which act as a natural border between Europe and Asia. The region provides Russia with immense quantities of timber, oil, and minerals. The southern part of the country is characterized by the Caucasus Mountains. These mountains are the tallest mountain chain in Europe. It is also home to a large minority of the Russian population that practices Islam.
There are at least fifty ethnic groups living in this region. The indigenous people of the Arctic herd reindeer for a living. Some other people in the region practice pagan rites and other forms of Christianity. A minority of the Russian population practices Orthodoxy. Most other religions are practiced by a small percentage of the population.
There are over two hundred languages in the Russian republic. Most of these are related to the Slavic language family. The official language is Russian. A variety of other languages are spoken by different ethnic groups. In addition, there are a number of regional languages, such as Ukrainian, Serbo-Croatian, and Belarusian.
Despite its size and wealth, the country’s economy has been plagued with a slow decline. Russia needs to modernize its manufacturing base if it is to compete with other countries in the world. The government has been able to increase its exports by exploiting its natural resources. This will play an important role in its economic future.
Russia has a very complicated history of totalitarianism. In the nineteenth century, it was the largest empire in the world. It expanded into Central and Eastern Europe, as well as into the Balkans. It ruled people who spoke various languages, had different skin colors, and worshiped different gods.