The Legacy of the Russian Revolution of 1917

The video explores the historical economic development of Russia, highlighting its stagnation over the past century. Initially, Russia was on par with countries like Mexico and Brazil and even surpassed Spain and Italy. However, it regressed to a state similar to 100 years ago, with a heavy reliance on raw material exports and foreign bond ownership. The discussion delves into the factors that fueled Russia's growth in the early 20th century, emphasizing the importance of literacy in industrialization. The Soviet Union's focus on literacy under Lenin and Stalin played a crucial role in its economic development.

Which countries were considered Russia's economic peers 120 years ago?

• Spain and Italy

• Germany and France

• Mexico and Brazil

• China and Japan

What was a significant factor in Russia's economic growth during the early 20th century?

• Central planning under Stalin

• Technological innovations

• Foreign investments

• Natural resource exports

Which modern country is often compared to Russia's state planning model?

• South Africa

• China

• Brazil

• India

According to the theory discussed, what literacy rate is necessary for a country to industrialize?

• 30%

• 90%

• 50%

• 70%

Who emphasized the importance of literacy in the Soviet Union, which later benefited Stalin's industrialization?

• Lenin

• Khrushchev

• Trotsky

• Gorbachev