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Kerenka
Kerenka (russian: керенка) was an informal name of banknotes issued by the Russian Provisional Government in 1917, named so after the chairman Alexander Kerensky. They were also issued by the Gosbank of the Soviet Russia during 1917-1919 from the same plates until the introduction of ''sovznak Sovznaks ( rus, совзнаки, p=sɐˈvznakʲɪ) were promissory notes issued in Soviet Russia in 1919 and used during 1919–1924. The name is an abbreviation of the expression "Sovetskiye znaki" (Советские знаки, Soviet tokens), ...s''. Economy of Russia Economy of the Soviet Union Modern obsolete currencies Russian Provisional Government 1917 in Russia {{Econ-hist-stub ...
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Alexander Kerensky
Alexander Fyodorovich Kerensky, ; Reforms of Russian orthography, original spelling: ( – 11 June 1970) was a Russian lawyer and revolutionary who led the Russian Provisional Government and the short-lived Russian Republic for three months from late July to early November 1917. After the February Revolution, February Revolution of 1917, he joined the newly formed provisional government, first as Justice ministry, Minister of Justice, then as Minister of War, and after July as the government's List of heads of government of Russia#Russian Provisional Republic, second Prime Minister of Russia, Minister-Chairman. He was the leader of the Social democracy, social-democratic Trudoviks, Trudovik faction of the Socialist Revolutionary Party. Kerensky was also a vice-chairman of the Petrograd Soviet, a position that held a sizable amount of power. Kerensky became the prime minister of the Provisional Government, and his tenure was consumed with World War I. Despite mass opposition t ...
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Banknote
A banknote—also called a bill (North American English), paper money, or simply a note—is a type of negotiable instrument, negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to Redemption value, redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks or monetary authority, monetary authorities. National banknotes are often – but not always – legal tender, meaning that courts of law are required to recognize them as satisfactory payment of money debts. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This p ...
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Russian Provisional Government
The Russian Provisional Government ( rus, Временное правительство России, Vremennoye pravitel'stvo Rossii) was a provisional government of the Russian Republic, announced two days before and established immediately after the abdication of Nicholas II. The intention of the provisional government was the organization of elections to the Russian Constituent Assembly and its convention. The provisional government, led first by Prince Georgy Lvov and then by Alexander Kerensky, lasted approximately eight months, and ceased to exist when the Bolsheviks gained power in the October Revolution in October N.S.">Old_Style_and_New_Style_dates.html" ;"title="ovember, Old Style and New Style dates">N.S.1917. According to Harold Whitmore Williams, the history of the eight months during which Russia was ruled by the Provisional Government was the history of the steady and systematic disorganization of the army. For most of the life of the Provisional Government ...
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Gosbank
Gosbank (russian: Госбанк, Государственный банк СССР, ''Gosudarstvenny bank SSSR''—the State Bank of the USSR) was the central bank of the Soviet Union and the only bank in the entire country from 1922 to 1991. Gosbank was one of the three Soviet economic authorities, the other two being "Gosplan" (the State Planning Committee) and "Gossnab" (the State Committee for Material Technical Supply). The Gosbank closely collaborated with the Soviet Ministry of Finance to prepare the national state budget. Foundation The foundation of the bank was part of the implementation of the New Economic Policy. On 3 October 1921, the All-Russian Central Executive Committee (VTsIK), passed a resolution for the founding of the State Bank of the Russian Soviet Federative Socialist Republic. This was followed by a similar resolution passed by Sovnarkom on 10 October 1921. It began operations on 16 November 1921. In February 1922 Lenin described the State Bank as ...
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Russian Soviet Federative Socialist Republic
The Russian Soviet Federative Socialist Republic, Russian SFSR or RSFSR ( rus, Российская Советская Федеративная Социалистическая Республика, Rossíyskaya Sovétskaya Federatívnaya Socialistíčeskaya Respúblika, rɐˈsʲijskəjə sɐˈvʲetskəjə fʲɪdʲɪrɐˈtʲivnəjə sətsɨəlʲɪˈsʲtʲitɕɪskəjə rʲɪˈspublʲɪkə, Ru-Российская Советская Федеративная Социалистическая Республика.ogg), previously known as the Russian Soviet Republic and the Russian Socialist Federative Soviet Republic as well as being unofficially known as Soviet Russia,Declaration of Rights of the laboring and exploited people, article I. the Russian Federation or simply Russia, was an Independence, independent Federalism, federal socialist state from 1917 to 1922, and afterwards the largest and most populous of the Republics of the Soviet Union, Soviet socialist republics of the So ...
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Sovznak
Sovznaks ( rus, совзнаки, p=sɐˈvznakʲɪ) were promissory notes issued in Soviet Russia in 1919 and used during 1919–1924. The name is an abbreviation of the expression "Sovetskiye znaki" (Советские знаки, Soviet tokens), which in its turn was an abbreviation of the official terms (советские казначейские знаки, расчётные знаки РСФСР, денежные знаки РСФСР (СССР) ) used during different periods. They were the ''de facto'' money of the time. The term "token" was an euphemism for "money", since communism Communism (from Latin la, communis, lit=common, universal, label=none) is a far-left sociopolitical, philosophical, and economic ideology and current within the socialist movement whose goal is the establishment of a communist society, a s ... was supposed to abolish money, and sovznaks were considered to be a temporary, transitional instrument. See also * Chervonets#Soviet Union Ref ...
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Economy Of Russia
The economy of Russia has gradually transformed from a planned economy into a mixed market-oriented economy. —Rosefielde, Steven, and Natalia Vennikova. “Fiscal Federalism in Russia: A Critique of the OECD Proposals.” Cambridge Journal of Economics, vol. 28, no. 2, Oxford University Press, 2004, pp. 307–18, . —Robinson, Neil. “August 1998 and the Development of Russia’s Post-Communist Political Economy.” Review of International Political Economy, vol. 16, no. 3, Taylor & Francis, Ltd., 2009, pp. 433–55, . —Charap, Samuel. “No Obituaries Yet for Capitalism in Russia.” Current History, vol. 108, no. 720, University of California Press, 2009, pp. 333–38, . —Rutland, Peter. “Neoliberalism and the Russian Transition.” Review of International Political Economy, vol. 20, no. 2, Taylor & Francis, Ltd., 2013, pp. 332–62, . —Kovalev, Alexandre, and Alexandre Sokalev. “Russia: Towards a Market Economy.” New Zealand International Review, vol. 1 ...
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Economy Of The Soviet Union
The economy of the Soviet Union was based on state ownership of the means of production, collective farming, and industrial manufacturing. An administrative-command system managed a distinctive form of central planning. The Soviet economy was characterized by state control of investment, a dependence on natural resources, shortages of many consumer goods, little foreign trade, public ownership of industrial assets, macroeconomic stability, negligible unemployment and high job security. Beginning in 1930, the course of the economy of the Soviet Union was guided by a series of five-year plans. By the 1950s, the Soviet Union had rapidly evolved from a mainly agrarian society into a major industrial power. Its transformative capacity meant communism consistently appealed to the intellectuals of developing countries in Asia. Impressive growth rates during the first three five-year plans (1928–1940) are particularly notable given that this period is nearly congruent with the Gr ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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