The shift to market economics under Boris Yeltsin had a significant impact on Russia. Initially, there was high inflation, a decline in industrial production, unemployment, and poverty. However, over time, the economy rebounded, and there was an increase in foreign investment and national income. The shift to market economics also led to the privatization of many state-owned industries, which in turn created a new class of oligarchs who had immense economic power and influence. Overall, the shift to market economics had a profound impact on Russia's social, economic, and political landscape, and its effects continue to be felt to this day.
