Mongolian People's Republic

The Mongolian People's Republic was a socialist state that existed from 1924 to 1992 in Mongolia, aligned closely with the Soviet Union. It was established after a revolution that overthrew the monarchy, leading to a centralized government based on communist principles. The country focused on industrialization, collectivizing agriculture, and maintaining strong Soviet influence in politics, economy, and culture. In 1992, following the fall of communism globally, Mongolia transitioned to a democratic republic with a market-oriented economy. The period marked significant political, social, and economic changes, shaping modern Mongolia’s development and identity.