Lenin Economy Flashcards
What was state capitalism
Transitional stage between capitalism and socialism
Bolsheviks didn’t have enough power to create a fully socialist economic system
When was the decree on land
October 1917
What was the issue with workers seizing factories
Gave themselves pay rises
Took stock
Lacked the knowledge to run factories
What was the Veshenka? Why did it do
Council of the National Economy
Job was to oversee economic development
What could be described as runaway
Inflation with too few goods and not enough food
What made inflation worse
The loss of Ukraine
What happened to bread ration in Petrograd by February 1918
Bread ration in Petrograd was reduced to 50g a day
What was happening in the spring of 1918
Grain requisitioning due to shortages of grain
How much were farmers paid for their grain
A fixed price but often left with very little
Little motivation to grow crops and production fell
What were kulaks treated as
‘Enemies of the people’
Example of nationalisation
Banks
Putilov iron works
Railways
Power campanies
All businesses
Who were brought back
The expert and professional managers
Examples of strong discipline
In the factories (longer working days, wages replaced by workbooks which granted rations, clothing and lodging and internal passports)
What happened the population of Petrograd and Moscow
Population halved
Why did the population of Petrograd and Moscow fall
In search of food and to avoid conscription
