WH-Russian Revolution (1917) Part-II: Political Causes, Events, Outcomes, Nationalization, Lenin,

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During the russian revolution, the Church and the Tsar were confiscated and transferred to peasants’ societies to be allotted to peasant families to be cultivated without hired labour. The control of industries was transferred to committees of workers. By the middle of 1918, banks and insurance companies, large industries, mines, water transport and railways were nationalised. Foreign debts were refused and foreign investments were confiscated. A Declaration of the Rights of Peoples was issued conferring the right of self-determination upon all nationalities. A new government, called the Council of People’s Commissars, headed by Lenin was founded. These first acts of the new government began the era of socialism
The fight among the European countries to control and establish new colonies led to the First World War.
The late 19th century was a period of intense nationalism. Many nations developed myths of superiority over other peoples. Each country wanted to have colonies to add to its prestige and power. Writers and speakers in England, France and Germany opened institutions to promote the idea of imperialism. European countries took great pride in calling their territories as empires

Faculty Name: Shri Pratik Nayak
Powerpoint available at http://Mrunal.org/download goto Mediafire folder - "Powerpoint" -"3_History_Pratik"
Exam-Utility: UPSC IAS IPS Civil service exam, Mains General Studies paper 1, Staff selection (SSC) and other State services exams with World History in its syllabus.