lenin economy Flashcards
why was the economy in bad shape in 1917
-impact of WWI
-inflation
-food shortages
-supply problems
when was the Land Decree
Oct 1917
what was the Land Decree 1917
abolished private ownership
when was the Decree on Workers Control
Nov 1917
what was the Decree on Workers Control
gave powers to the workers
-workers voted themselves pay rises which damaged economy
when was Nationalisation of the Banks
dec 1917
when was Vesenkha
dec 1917
what was Vesenkha
gov control + supervision of the economy
why was War Communism introduced
to help the bolsheviks win the civil war
what were some of the policies of war communism
-grain requisitioning (carried out by 150,000 volunteers and Cheka members)
-bartering
-rationing
-re-introduction of hierarchy
-Nationalisation of businesses
-central planning
-ban on private trading
-military discipline
how much grain was produced in 1913, what did it decrease to in 1920
1913 = 80.1 million
1920 = 46.5 million
what did the industrial workforce decline from in 1917 to in 1921
1917 = 3 million workers
1921 = 1.2 million workers
what % of wages were being paid with goods rather than money under War Communism
90%
what was coal production in 1913
27.5 million tons
what was coal production in 1920 (decrease from 1913)
7 million tons