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Period: to
20th Century Russia
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Bolshevik Revolution
The Bolshevik Revolution in Russia was taken place in 1917. It was initiated by millions of people who would change the history of the world. When Czar Nicholas II dragged 11 million peasants into World War I, the Russian people hated Czar Nicholas and became discouraged with all their injuries and the loss of life they sustained. -
Russian Revolution
The Russian Revolution is the term for a series of revolutions in Russia in 1917, which destroyed the Tsarist autocracy and led to the creation of the Soviet Union. The Tsar was deposed and replaced by a provisional government in the first revolution of February 1917. In the second revolution, during October, the Provisional Government was removed and replaced with a Bolshevik (Communist) government. -
Creation of the Communist Party
A political party described as a Communist party includes those that advocate the social principles of communism through a communist form of government. The Bolshevik party ( which became the Communist Party of the Soviet Union) took power in Russia after the October Revolution in 1917. -
Lenin's New Economic Policy
Lenin's New Economic Policy was a created to rebuild Russia's economy from full socialism to partial capitalism. The NEP permitted small businesses to make personal profits. It also permitted almost all of the peasant farmers to keep and sell their produce. Elements of capitalism such as individual profit and private ownership of land were permitted in order to revitalize the Russian economy. -
Establishment of the USSR
The Union of Soviet Socialist Republics (USSR) is established, comprising a confederation of Russia, Belorussia, Ukraine, and the Transcaucasian Federation. These were divided in 1936 into the Georgian, Azerbaijan, and Armenian republics. Also known as the Soviet Union, the new communist state was the successor to the Russian Empire. This was the first country in the world to be based on Marxist socialism. -
Stalin's Five Year Plan
The five year plan was created in 1928 to make the industrialization of Russia faster and to increase production of coal, steel and iron. Citing the growth and power other industrialized countries had achieved and Stalin created the five year plan so he can catch up with the rest of the industrialized world. -
Cuban Missile Crisis
The Cuban Missile Crisis was a confrontation between the Soviet Union and Cuba on one side and the United States on the other. This was taken place in October 1962, during the Cold War. -
Glasnost/Perestroika
To reform the Soviet Union, the democratization of the Communist Party was promoted through Mikhail Gorbachev‘s policies of “perestroika” and “glasnost.” Perestroika refers to the reconstruction of the political and economic system established by the Communist Party and “Glasnost” means “openness” and was the name for the social and political reforms to give more rights and freedoms upon the Soviet people. Its goals were to include more people in the political process through freedom. -
End of Communist Party
The revolutions of 1989 marked the end of communism in Europe. As a result, not only was Germany reunified in 1990, but soon, revolution spread to the Soviet Union itself. After surviving a hard-line achievement attempt in 1991, Gorbachev was forced to surrendepower in Russia to Boris Yeltsin, who oversaw the dissolution of the Soviet Union.The collapse of communism in east central Europe and the Soviet Union marked the end of the Cold War in 1992. -
Russian Stock Market Crash
Russia's financial system is stretched to the breaking point as panic-striken stock and bond markets continue to plunge, forcing the central bank to triple interest rates to 150% to stop the fall. June 1, 1998, Russia's stock market crashes and Moscow's cash reserves waste away to $14 billion amoung unsuccessful attempts to stop the fall and pay off debts. -
Democracy of Russia Implemented
Over the last 10 years Russia has been making the difficult transition from communism to democracy. It has faced a multitude of problems.