What changes occur after October revolution
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Answer: Banks and Industries were nationalized. Land was declared social property, thereby allowing peasants to seize it from the nobility. In urban areas, houses were partitioned according to family requirements.
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The main changes brought about by the Bolsheviks immediately after the October Revolution were
(i)The Bolsheviks were totally opposed to private property Therefore most industries and banks were nationalized.
(ii) Land was declared social property and peasants were allowed to seize the land of the nobility.
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