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Why is it wrong to limit economic changes after October only to bank nationalisation?

Answer and explanation

Correct answer: Because changes were also made in land, industry, trade, distribution and grain policy

After the October Revolution, the Bolshevik government nationalised banks, but the economic transformation was much wider. It also ended private ownership of land, increased state control over industry, and changed policies relating to trade, distribution and grain supply. Therefore, option A is correct. Option C refers to social reforms, but it does not explain the broad economic changes. Exam tip: mention changes in banks, land and industry together.

Related tags

Russian RevolutionOctober RevolutionBolshevik Economic PolicyBank NationalisationClass 9 HistoryWhat Changed After October?What Changed After OctoberSocialism In Europe And The Russian Revolution

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