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Creation of the Comunist Party
It emerged from the Bolshevik faction of the Russian Social Democratic Labour Party, and controled the USSR until it down fall. -
Russian Revolution
The Russian Revolution is the collective term for a series of revolutions in Russia in 1917, which removed the Czars from power and led to the creation of the Soviet Union. -
Bolshevik Revolution
The Bolshevik Revolution also known as The October Revolution in Petrograd overthrew the Russian Provisional Government and gave the power to the local soviets dominated by Bolsheviks. -
Lenin's New Economic Party
An economic policy proposed by Vladimir Lenin, who called it state capitalism. It allowed small shops to open for personal profit but still kept gov. control of banks, foreign trade, and ect. -
Establishment of the USSR
Existed from 1922 to 1991 it was controlled by the Communist Party for the whole time. -
Stalin's Five Year Plan
A list of economic goals that were created to strengthen the country's economy between 1928 and 1932, making the nation both militarily and industrially self sufficient. -
Cuban Missle Crisis
A confrontation between the Soviet Union and Cuba on one side and the United States on the other in October 1962, during the Cold War. -
Glasnost/Perestroika
Glasnost was the policy of openness, and transparency in the activities of all government institutions (Glasnost means openness).
Perestroika was a political movement in the communist party in which policy's like Glasnost were created. -
Democracy of Russia Implemeted
Democracy was instated almost immediately after the USSR was dissolved. -
End of Communist Party
The Soviet Union collapsed and was formally dissolved in December 1991 after the abortive August coup attempt.
The Agust coup was an attempt by a group of members of the Soviet Union's government to take control of the country from Soviet president Mikhail Gorbachev. -
Russian Stock Market Crash
The Russian financial crisis also called "Ruble Crisis" hit Russia on 17 August 1998. It resulted in the Russian government devaluing the ruble and defaulting on its debt.