Provisional gov economic Flashcards
1
Q
Inflation
A
Inflation 400% and 8 hour bread queues
Cost of meat 500%
2
Q
wages
A
The average worker’s wage was around 50 rubles per month in 1917 - No increase
3
Q
Rouble value
A
10 times lower in 1917 than before the war.
4
Q
War costs
A
22 billion roubles
5
Q
War debt
A
13 billion rubles (about $6.5 billion USD at the time).
30% of GDP on military expenses during the war
6
Q
Aid from west
A
By 1917, France had loaned Russia approximately 6 billion francs,
Britain had provided around 500 million pounds (roughly equivalent to $2 billion USD at the time).
By 1917, Russia had received approximately 600,000 tons of food from the Allies
