Economic Problems
History: KS3, topic 17.4.2
Economic Problems
Russia was on the verge of economic collapse in 1917. The Provisional Government was unable to solve these issues.
Industry
- Basic materials for industry could not reach Russia because of the war.
- This shortage worsened through 1917, and the army was unable to fight effectively because of a lack of weapons.
Farming
- Peasant farmers were forced to join the military.
- This led to weaker agricultural production.
- This led to price rises because of shortages of food.
Inflation
- The value of the rouble also fell because of the war.
- This contributed to even higher prices for food and other goods.
- In Petrograd, crowds even broke into bakeries to get food.
Test yourself on Economic Problems
What happened to Russian industry in 1917?
In what year was Russia was on the verge of economic collapse?
What happened to the rouble in 1917?