mention any three effects of the October revolution?
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The following are the effects of the October Revolution:
1. The nationalization of banks: in November 1917, most of the banks and industries were nationalized and the control over ownership and management was given to the government.
2. The declaration of land as social property: peasants after the declaration of land as social property were allowed to seize the land of the nobility.
3. banned the use of old aristocratic titles: to support the change, fresh uniforms were designed for the soldiers and administrators.
4. The name of the Bolshevik Party was changed as the Russian Communist Party.
5. The implementation of the five-year plan: to make the country grow they introduced the five-year plans.
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