The post-war period and the Cold War
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tes>, created on December 21, 1991, is viewed as a successor entity to the Soviet Union . The USSR was declared officially dissolved on December 25, 1991.
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Aftermath
Following the Cold War, Russia cut military spending dramatically, creating a wrenching adjustment as the military-industrial sector had previously employed one of every five Soviet adults, meaning its dismantling left millions throughout the former Soviet Union unemployed. After Russia embarked on capitalist economic reforms in the 1990s, it suffered a financial crisis .