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High Quality Content by WIKIPEDIA articles! Post-Communism is a name sometimes given to the period of political and economic transformation or "transition" in former Communist states located in parts of Europe and Asia, in which new governments aimed to create free market-oriented capitalist economies with some form of parliamentary democracy. The policies of most Communist Parties in both Eastern and Western Europe had been governed by the example of the Soviet Union. In most of the countries in Eastern Europe, following the fall of Communist-led governments in 1989, the Communist Party generally split in two factions: a reformist Social Democratic party and a new, less reform-oriented Communist Party. The newly created Social Democratic parties were generally larger and more powerful than the remaining Communist Parties; only in Russia, Moldova, and the Czech Republic did the Communist Party remain a significant force.