Lenin's Early Reforms Flashcards

1
Q

what and when was the land decree?

A

october 1917 - abolished private ownership of land and put it in the hands of ‘the people’ - vague but made the peasants happy because they felt in control of the land they farmed

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2
Q

what and when was the decree on workers’ control?

A

november 1917 - gave control of the factories to the industrial workers

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3
Q

what happened on the 27th december 1917?

A

all private banks nationalised & merged into the people’s bank of the russian republic

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4
Q

did lenin’s early reforms meet the needs of the state/people?

A

GOOD = made the party popular, workers were pleased by their increase in power
BAD = workers’ councils voted to give themselves large pay rises which didn’t help production & resulted in inflation, managers often dismissed violently by workers seeking revenge

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5
Q

how did the government intervene to stop the negative effects of the reforms?

A

set up the supreme council of the national economy (vesenkha)

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6
Q

did lenin’s reforms cause a rise in standard of living?

A

no - although workers & peasants had increased income due to giving themselves pay rises, this caused inflation which made them pointless

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7
Q

what effect did lenin’s reforms have on gdp?

A

detrimental effect, industrial production decreased significantly

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