As the Bolsheviks took control of the Soviet economy, they:

As the Bolsheviks took control of the Soviet economy, they:

(i) took land from peasants and gave it to members of the upper class.

(ii) determined which jobs workers would hold and where workers would live.

(iii) shipped grain and other food products from the cities to peasants.

(iv) allowed businesses to decide prices and let workers set wages.

Answer: (ii) determined which jobs workers would hold and where workers would live.

The control of the Soviet economy was taken over by the Bolsheviks after the Russian Revolution which led to the emergence of the centrally planned economic system. This system is especially called command economy the main idea of which was that most decisions in the economy were made by the government. The Bolsheviks under the leadership of Vladimir Lenin seized industries and centralized Agriculture. It mapped out the criteria under which the state nominated labour and allocated housing for the workers. The objective of this policy was to eradicate the social classes and hence bring about a Utopia of a classless society. All industry, commerce, distribution, and even where people worked were centrally planned and directed by the government which moved people around to where they were required. Although this approach aimed at achieving certain objectives such as full employment and fairly distributing available resources, this approach also rigidly restrained individuals’ freedom to engage in economic activities, and often resulted in wastage of resources and inefficiency in production.


Posted

in

by

Tags:

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *