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Which idea became more important in Russia’s economy after October?

Answer and explanation

Correct answer: State planning

The correct answer is state planning. After the October Revolution, the Bolsheviks aimed to replace the old capitalist order with a socialist economy in which the state had a leading role in ownership, production and distribution. In the later Soviet system, economic plans set targets for industries and agriculture, and major resources were directed according to government priorities rather than only private profit. The Tsar’s private property was abolished, foreign companies did not rule the economy, and a church-based market was not the governing principle. State planning therefore best expresses the major economic change associated with post-October Russia.

Related tags

State PlanningSocialist EconomyBolshevik ReformsSoviet EconomyWhat Changed After October?What Changed After OctoberSocialism In Europe And The Russian RevolutionHistory

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