Abstract

Economic Revival in Russia
February 6, 1924 issue

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International war, revolution, civil war, invasion, the blockade, and the famine combined to disorganize Russian economic life so completely that in 1919-1920 the total output of big industry had fallen to 511 million gold rubles or 14.6 per cent of the pre-war figure. This proved to be the low point in Russian production. The three subsequent years show a steady improvement. The improvement in production is not confined to any particular economic group, although it varies considerably from one group to another.

See Also:

SOVIET Union -- Economic conditions; CIVIL war; INDUSTRIES; INTERNATIONAL relations; SOVIET Union -- Economic policy; SOVIET Union
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