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After the Soviet Union collapsed, state assets were sold off quickly and at an extremely undervalued price, and some well-connected entrepreneurs managed to amass huge amounts wealth and quickly became extremely unpopular among the public because of their dominate political influence and control over media outlets. What is the term given to these influential and asset controlling individuals

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anthougo

The term given to these influential and asset-controlling individuals after the collapse of the Soviet Union was Russian Oligarchs.

Who were the Russian Oligarchs?

Generally, Oligarchs are business leaders wielding significant political-economic influence.  In Russia, the well-connected entrepreneurs amassed excessive wealth from government patronage.

This excessive wealth-amassment alienated them from the Russian public and they became unpopular.  Many of them decided to take up residency outside Russia.

Thus, the term given to these influential and asset-controlling individuals after the collapse of the Soviet Union was Russian Oligarchs.

Learn more about Oligarchy at https://brainly.com/question/12317511

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