Question

Mention three features of russian economy during russinn revilution my

Answer 1

Answer:

Explanation:

In the two years following the Revolution, there was an economic catastrophe. By 1919, average incomes in Soviet Russia had fallen to less than 600 international dollars at 1990 prices. Less than half that of 1913, this level is experienced today only in the very poorest countries of the world, and had not been seen in Eastern Europe since the 17th century (Maddison 2001). Worse was to come. After a run of disastrous harvests, famine conditions began to appear in the summer of 1920 (in some regions perhaps as early as 1919). In Petrograd in the spring of 1919, an average worker’s daily intake was below 1,600 calories, about half the level before the war. Spreading hunger coincided with a wave of deaths from typhus, typhoid, dysentery and cholera. In 1921, the grain harvest collapsed further, particularly in the southern and eastern grain-farming regions. More than five million people may have died prematurely at this time from hunger and disease.

Answer 2

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Features of Russian economy : (i) It is the ninth largest economy in the world by nominal value. (ii) It is the sixth largest economy by Purchasing Power Parity (PPP). (iii) It has been transformed from a centrally planned economy to a market based and globally integrated economy.

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