History, asked by aadityasinghalyo30, 1 year ago

why did the Bolsheviks keep the banks nationalised?

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Answered by Anonymous
8

Answer:

Most industry and banks were nationalised in November 1917. This meant that the government took over ownership and management. Land was declared social property and peasants were allowed to seize the land of the nobility. In cities, Bolsheviks enforced the partition of large houses according to family requirements.

Answered by Anonymous
1

Answer:

The banks, as we know, are centres of modern economic life, the principal nerve centres of the whole capitalist economic system. To talk about "regulating economic life" and yet evade the question of the nationalisation of the banks means either betraying the most profound ignorance or deceiving the "common people" by florid words

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