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During the Civil War the Bolsheviks kept industries and banks under whose control?

Answer and explanation

Correct answer: State

The direct answer is A: state control. During the Civil War, the Bolsheviks followed a policy in which major industries and banks were taken under government ownership and control. This is connected with nationalisation: private ownership is replaced, or greatly reduced, by control of the state. The reasoning is: banks and industries are important economic institutions; the Bolsheviks transferred their control to the state; therefore A is correct. B is wrong because the Tsar’s family had lost political power and did not control these institutions. C is wrong because the Church was not placed in charge of industry and banking. D is wrong because foreign traders were not given control. Do not confuse state control with ordinary private business management. Memory cue: Bolshevik economic policy in this context means nationalisation and state control.

Related tags

State ControlIndustriesBanks

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