The Nationalisation of Industry (Edexcel A-Level History): Flashcards
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Nationalisation of industry
Nationalisation of industry
Transfer of industry from private to state control
Vesenkha
Vesenkha
Supreme Soviet of National Economy - managed nationalised firms
State capitalism (Lenin's definition)
State capitalism (Lenin's definition)
Transitional phase between capitalism & socialism
State capitalism official policy period
State capitalism official policy period
March to June 1918
Lenin: political revolution alone & capitalism
Lenin: political revolution alone & capitalism
Not sufficient to eliminate capitalism
Marx's guidance on building communist economy
Marx's guidance on building communist economy
Little practical guidance - avoided specific details
Russia's economy vs Western Europe/USA early 1900s
Russia's economy vs Western Europe/USA early 1900s
Unsophisticated and backward
Industries nationalised under state capitalism
Industries nationalised under state capitalism
Only large industries
1917 Decree on Land effect
1917 Decree on Land effect
Broke up large estates, gave land to peasants
Lenin's socialist economy vision - key features
Lenin's socialist economy vision - key features
Modern tech, expert mgmt, well-educated disciplined workers