-All debt owed by Russia to foreign countries cancelled by Lenin January 21st 1921
-Industry remained under private ownership
2 of 15
Describe 2 communist elements of State Capitalism
-Land Decree in October 1917 abolished private ownership of land
-'Workers Control', workers took control of factories, 4x more factories seized by government
3 of 15
Why was it unproductive that workers took control of factories?
They abolished managers, gave themselves pay rises, helped themselves to equipment, led to plummet of production
4 of 15
What Council of National Economy was set up, what did they achieve?
Veshenka, set up GOELPO, national system for generating equipment
5 of 15
What years did War Communism occur?
1918-1921
6 of 15
Give 4 reasons for why War Communism failed
-Loss of support in countryside due to requisitioning
-Famine in 1921
-Led to Black Market
-Angry middle class as private trade banned
7 of 15
Give 4 features of War Communism
-Requisitioning grain forcibly seized off peasants
-Wages were replaced with workbooks that granted rations
-Right to strike abolished
-Internal passports brought in
8 of 15
Give 4 successes of War Communism
-Putilov Iron Works and Banks nationalised, all businesses nationalised by 1920
-Focused on war effort, partially reason for Red win in Civil War
9 of 15
Why did the population of Petrograd and Moscow half?
People were fleeing to countryside
10 of 15
What year was NEP brought in?
1921
11 of 15
List 2 features of NEP
-Gosplan, State General Planning Commission suggested the NEP
-Nepmen did well in NEP, they brought grain from peasants to city and industrial goods in cities to sell to peasants, they ran 75% of retail trade by 1923
12 of 15
Give 3 ways in which the NEP a success
-85% of firms back in private hands
-Production levels in 1926 were same as they were in 1913, economy improved
-Requisitioning and rationing ended
13 of 15
Give 1 way in which NEP was a failure
Scissors Crisis, said by Trotsky, industrial production didn't increase with foods so people had money but nothing to buy. This was fixed by capping industrial prices.
14 of 15
What was the Grain Tax?
Fixed % given to the state, rest could be sold
15 of 15
Other cards in this set
Card 2
Front
Name 2 capitalist elements of State Capitalism
Back
-All debt owed by Russia to foreign countries cancelled by Lenin January 21st 1921
-Industry remained under private ownership
Card 3
Front
Describe 2 communist elements of State Capitalism
Back
Card 4
Front
Why was it unproductive that workers took control of factories?
Back
Card 5
Front
What Council of National Economy was set up, what did they achieve?
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