5. Russia rebuilt its economy mainly by shifting its focus to producing oil and gas exports to European countries.
True
False
False. While oil and gas exports have played a role in Russia's economy, it has also diversified into other industries such as manufacturing, technology, and agriculture in order to recover from the economic crisis in the 1990s.
False.
Russia did rebuild its economy after the collapse of the Soviet Union, but it did not primarily focus on producing oil and gas exports to European countries. Instead, Russia implemented economic reforms, such as privatization of state-owned industries, deregulation, and opening up the economy to foreign investment. These reforms, along with the increase in oil and gas prices in the early 2000s, did contribute to the growth of the Russian economy. However, Russia's economic diversification includes other sectors such as manufacturing, mining, agriculture, and technology.