Russia's Economics

JENNA GALLAGHER & TAYLOR WOODWARD

Russia's Economy Changes

The Czars (TRADITIONAL ECONOMY)
The Soviet Rulers.(COMMAND ECONOMY)
Today(MARKET ECONONY)

Czars (NO ECONOMY)

The economy of Russia under the Czars was completely horrible, there was nothing good about
the economy. The czars were middle-aged where they had no rights, no work, and nothing good
going for any of the people. They watched all nations around them developing into more
westernized nations, and they did not. With them being middle-aged, this caused many issues
for their nation including the terrible event, Bloody Sunday when many innocent people were
murdered.

Lenin(COMMAND
By the time 1921 came around the Russian economy was not doing good, due to the effects of
war Communism. This caused Lenin to become concerned with the state of the economy, his
response to the poor economy was to adopt it and plan to improve it! He called this the New
Economy Policy (N.E.P) and was masterfully designed to bring the capital into state, which he
promised the people. However, he could not make his promise true because it was to hard to
change the way things were as a command economy.

Stalin (COMMAND)
When Stalin came into power, he disagreed with everything Lenin did to improve the economy
of Russia. Stalin came to power and assumed full control of the Soviet government, this is
because in order to force such a transformation of the economy he gained control of the Soviet
Economy. This made him a command economy, he treated the people brutally in many ways and
took away their farms by taking full ownership of them. He caused nothing but chaos and
problems in all of Russia, one of the biggest issues he caused was known as the Great Purge. The
Great Purge was targeted to destroy Stalin's political enemies and rivals.

Yeltzin(MARKET ECONOMY)
After the collapse of the soviet union, a new Russian federation was created under Boris Yeltzin
in the year of 1991. The Russian federation had multiple economic reforms, this included privacy
along with market trade liberalization. This happened due to the collapse of communism, this
change made the economy a lot more stable then in the early 1900s.

Putin (MARKET ECONOMY)

Putin is the President of Russia today with responsibility of citizens that couldnt be more happy!
The Russian economy is the most stable today since it has been in the 1900s. The Russian
citizens are being treated the best that they ever have been and are given more opportunities
and privileges then they were before. Today Russian citizens are more modernized, they are able
to own cars to transport them where they choose, and also have new clothing like jeans! With
the economy they have today, the citizens can not complain because they are treated the best
they have ever been treated.

WORK CITED
"Economic History of the Russian Federation." Wikipedia. Wikimedia Foundation, 30 Nov. 2014.
Web. 02 Dec. 2014.
"Tipping the Scales." The Economist. The Economist Newspaper, 03 May 2014. Web. 02 Dec.
2014.
"The Russian Economy Since Stalin." Global. N.p., n.d. Web. 30 Nov. 2014.
The Economist. The Economist Newspaper, n.d. Web. 02 Dec. 2014.