What was the immediate impact of Russian revolution on its economy
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This was the impact of Russian Revolution on world:
1. In many countries communist parties were formed on the line of Russia
2. It gave the world a new economic system known as socialism
3. The Bolsheviks encouraged colonial people to follow their experience. It inspired a number of freedom movement in other countries.
4. Many non-russians from outside the country participated in the conference. Some even received education from communist university of the workers of the earth
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