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Russian Revolutio
The Russian Revolution was made of revolutions in which they shattered the Tsarist autocracy and directed to the formation of the Soviet Union. The Tsar was overthrown and swapped by a provisional government in the first revolution of February 1917. In the second revolution, the Provisional Government was removed and replaced with a Communist (Bolshevik) government. -
Bolshevik Revolution
11 million peasants were forced into WWI; the people became hopeless with their injuries and loss of life. The country lies in ruins. Lenin convinced the Bolshevik Party to feel it was important to act swiftly, so the Red Guards and the other groups moved in. Forces seized post offices, railroad stations, the state bank, etc. Once word was out, thousands Red Guard troop rushed the Winter Palace. The Provisional Government had fallen to the Bolshevik regime. The socialist order was now in Russia. -
Creation of the Communist Party
Russia by 1918 appeared to be in the hands of the communists (the Bolshevik Party) led by Lenin. The Provisional Government had been overthrown and the Bolsheviks had appeared to have gained power in Russia. All the groups that opposed Lenin were called the Whites and all for it were called the Reds. A civil war broke out in Russia with the Whites fighting to get rid of the Reds. -
Lenin's New Economic Policy
The economic freedom that Lenin’s New Economic Party, known as the NEP, introduced the restoration to Lenin and the Bolsheviks to political power, although it had also expanded Russia’s economic base. That is the main significance of his new policy to Russia. -
Establishment of the USSR
The Russian Revolution of 1917 caused the downfall of the Russian Empire. Following the Russian Revolution, there was a struggle for power between the Bolshevik party and the anti-communist White movement. In December 1922, the Bolsheviks won the civil war, and the Soviet Union was formed. -
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Stalin's Five Year Plan
Stalin realized that if Russia was to become a key player in the global market, the country needed to industrialize rapidly and increase production. To do this, Stalin introduced the first Five-Year Plan of the USSR. It was a list of economic goals that was designed to strengthen the country's economy between 1928 and 1932, making the nation both militarily and industrially self-sufficient. -
Cuban Missle Crisis
Russia began to build nuclear bases in Cuba where they could strike the US. The US captured proof of Soviet bases being built in Cuba. The US settled on a military quarantine. The US wouldn’t let weapons be sent to Cuba and demanded that they dismantle the bases and remove all weapons. There was no hope of treaty and expected military clash. It ended when they made agreements that the Soviets dismantle their bases and return to the Russia, in exchane for the US never to invade Cuba. -
Glasnost/Perestoika
The democratization of the Communist Party was stimulated through policies of “perestroika” and “glasnost.” Glasnost means openness and was the name for the social and political reforms to give more rights and freedoms to the Soviet people and Perestroika refers to the rebuilding of the political and economic system recognized by the Communist Party. Its goals were to include more people in the political process through freedom. -
End of Communist Part
By the 1980s, it was pretty obvious that communism in USSR was not really working out. Mikhail Gorbachev became the leader of the USSR in 1985 and he introduced many reforms in an attempt to modernize the economy and make the Communist Party more democratic. All that this led to was the breakup of the USSR and the end of the one-party Communist rule, as well as the collapse of the well-known Iron Curtain and the end of the Communist rule. -
Russian Stock Market Crash
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On 17 August 1998, the Russian government devalued the ruble, defaulted on domestic debt, and declared a suspension on payment to foreign creditors. On that day the Russian government and the Central Bank of Russia issued a "Joint Statement" announcing, in substance, that:
1. The ruble/dollar trading band would expand
2. Russia’s ruble-denominated debt would be restructured in a manner to be announced at a later date; and, to prevent mass Russian bank default,
3. A temporary 90-day halt -
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