State Capitalism Flashcards
1
Q
Why was state capitalism introduced
A
- Idea that socialism could only develop in an industrialised country
- Therefore governed needed to manage economy
2
Q
What 3 measures increased state control over economy
A
- Nationalisation of the banks (Dec 1917), External trade and the railways
- Veshenka established
3
Q
What issues arose from state capitalism
A
- Works failed to organise factories as lacked skills for management
- Some took resources for themselvs and paid themselvs loads
- Caused output to shrink
4
Q
What were conditions like in the civil war
A
- Inflation
- Urban areas starved and got ill, many left
- Sackmen used the black market
5
Q
Why was there huge inflation over civil war
A
- Men drafted into army
- Non war factories closed
- Farmers farmed just for themselvs as money became worthless
- Hostile powers had a blockade on trade
6
Q
How many people had left Moscow and Petrograd
A
By 1918, 50%
7
Q
What were bread rations in Petrograd
A
50g per person per day
8
Q
Why was the black market not shut down
A
- Only source of food for many
2. Many officials used it as well
9
Q
What did workers who were starving do?
A
60% had left the city for the army where rations were higher by April 1918
10
Q
What happened to villages like Kiev
A
As they changed hands they were ransacked, many Jews were killed