Russian Chervonets
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Russian Chervonets
Chervonets is the traditional Russian name for large foreign, and domestic gold coins. The name comes from the Russian term ''"червонное золото"'' ("chervonnoye zoloto"), meaning “Colored_gold#Rose,_red,_and_pink_gold, red gold" (also known as rose gold) – the old name of a high-grade gold type. Originally, this gold coin was identical to the gold ducat of 3.5 grams, 98.6% fine gold. The first known chervonets of Russian coinage was the Ugric gold; it was created in the 15th century under Ivan III of Russia, Ivan III. Sometimes, chervonets were considered any large gold coin, including imperial and semi-imperial coins. Since the beginning of the 20th century, banknotes were often referred to as chervonets with the value of ten units (for example, rubles, Ukrainian hryvnia, hryvnia, euro, etc.). This is due to the initiation of the Russian Soviet Federative Socialist Republic during the monetary reform of 1922–1924 banknotes, or chervonets. They were p ...
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Colored Gold
Pure gold is slightly reddish yellow in color, but colored gold in various other colors can be produced by alloying gold with other elements. Colored golds can be classified in three groups: * Alloys with silver and copper in various proportions, producing white, yellow, green and red golds. These are typically malleable alloys. * Intermetallic compounds, producing blue and purple golds, as well as other colors. These are typically brittle, but can be used as gems and inlays. * Surface treatments, such as oxide layers. Pure 100% (in practice, 99.9% or better) gold is 24 karat by definition, so all colored golds are less pure than this, commonly 18K (75%), 14K (58.5%), 10K (41.6%), or 9K (37.5%). Alloys White gold White gold is an alloy of gold and at least one white metal (usually nickel, silver, or palladium). Like yellow gold, the purity of white gold is given in karats. White gold's properties vary depending on the metals used and their proportions. As a result, white gold ...
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Sergei Witte
Count Sergei Yulyevich Witte (; ), also known as Sergius Witte, was a Russian statesman who served as the first prime minister of the Russian Empire, replacing the tsar as head of the government. Neither a liberal nor a conservative, he attracted foreign capital to boost Russia's industrialization. Witte's strategy was to avoid the danger of wars. Witte served under the last two emperors of Russia, Alexander III () and Nicholas II ().Harcave, Sidney. (2004)''Count Sergei Witte and the Twilight of Imperial Russia: A Biography,'' p. xiii./ref> During the Russo-Turkish War (1877–78), he had risen to a position in which he controlled all the traffic passing to the front along the lines of the Odessa Railways. As finance minister from 1892 to 1903, Witte presided over extensive industrialization and achieved government monopoly control over an expanded system of railroad lines. Following months of civil unrest and outbreaks of violence in what became known as the 1905 Russian ...
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10chervonzev1937big
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 is ...
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Pushkin State Museum Of Fine Arts
The Pushkin State Museum of Fine Arts (russian: Музей изобразительных искусств имени А. С. Пушкина, abbreviated as ) is the largest museum of European art in Moscow, located in Volkhonka street, just opposite the Cathedral of Christ the Saviour. The International musical festival ''Sviatoslav Richter's December nights'' has been held in the Pushkin Museum since 1981. Etymology Despite its name, the museum has no direct association with the Russian poet Alexander Pushkin, other than as a posthumous commemoration. The facility was founded by professor Ivan Tsvetaev (father of the poet Marina Tsvetaeva). Tsvetaev persuaded the millionaire and philanthropist Yuriy Nechaev-Maltsov and the architect Roman Klein of the urgent need to give Moscow a fine arts museum. After going through a number of name changes, particularly in the transition to the Soviet era and the return of the Russian capital to Moscow, the museum was finally renamed to honou ...
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Industrialisation
Industrialisation ( alternatively spelled industrialization) is the period of social and economic change that transforms a human group from an agrarian society into an industrial society. This involves an extensive re-organisation of an economy for the purpose of manufacturing. Historically industrialization is associated with increase of polluting industries heavily dependent on fossil fuels. With the increasing focus on sustainable development and green industrial policy practices, industrialization increasingly includes technological leapfrogging, with direct investment in more advanced, cleaner technologies. The reorganization of the economy has many unintended consequences both economically and socially. As industrial workers' incomes rise, markets for consumer goods and services of all kinds tend to expand and provide a further stimulus to industrial investment and economic growth. Moreover, family structures tend to shift as extended families tend to no longer live ...
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Troy Ounce
Troy weight is a system of units of mass that originated in 15th-century England, and is primarily used in the precious metals industry. The troy weight units are the grain, the pennyweight (24 grains), the troy ounce (20 pennyweights), and the troy pound (12 troy ounces). The troy grain is equal to the grain unit of the avoirdupois system, but the troy ounce is heavier than the avoirdupois ounce, and the troy pound is lighter than the avoirdupois pound. One troy ounce (oz t) equals exactly 31.1034768 grams. Etymology Troy weight probably takes its name from the French market town of Troyes where English merchants traded at least as early as the early 9th century. The name ''troy'' is first attested in 1390, describing the weight of a platter, in an account of the travels in Europe of the Earl of Derby. Charles Moore Watson (1844–1916) proposes an alternative etymology: ''The Assize of Weights and Measures'' (also known as ), one of the statutes of uncertain date from the re ...
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Soyuz Sovetskikh Sotsialisticheskikh Respublik
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a Federation, federal union of Republics of the Soviet Union, fifteen national republics; in practice, both Government of the Soviet Union, its government and Economy of the Soviet Union, its economy were highly Soviet-type economic planning, centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian Soviet Federative Socialist Republic, Russian SFSR. Other major cities included Saint Petersburg, Leningrad (Russian SFSR), Kyiv, Kiev (Ukrainian Soviet Socialist Republic, Ukrainian SSR), Minsk (Byelorussian Soviet Socialist Republic, Byelorussian SSR), Tas ...
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USSR
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev ( Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Gove ...
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New Economic Policy
The New Economic Policy (NEP) () was an economic policy of the Soviet Union proposed by Vladimir Lenin in 1921 as a temporary expedient. Lenin characterized the NEP in 1922 as an economic system that would include "a free market and capitalism, both subject to state control", while socialized state enterprises would operate on "a profit basis". The NEP represented a more market-oriented economic policy (deemed necessary after the Russian Civil War of 1918 to 1922) to foster the economy of the country, which had suffered severely since 1915. The Soviet authorities partially revoked the complete nationalization of industry (established during the period of war communism of 1918 to 1921) and introduced a mixed economy which allowed private individuals to own small and medium sized enterprises, while the state continued to control large industries, banks and foreign trade. In addition, the NEP abolished ''prodrazvyorstka'' (forced grain-requisition) and introduced ''prodnalog'': a t ...
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Gold Standard
A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold. The gold standard was the basis for the international monetary system from the 1870s to the early 1920s, and from the late 1920s to 1932 as well as from 1944 until 1971 when the United States unilaterally terminated convertibility of the US dollar to gold, effectively ending the Bretton Woods system. Many states nonetheless hold substantial gold reserves. Historically, the silver standard and bimetallism have been more common than the gold standard. The shift to an international monetary system based on a gold standard reflected accident, network externalities, and path dependence. Great Britain accidentally adopted a ''de facto'' gold standard in 1717 when Sir Isaac Newton, then-master of the Royal Mint, set the exchange rate of silver to gold too low, thus causing silver coins to go out of circulation. As Great Britain became the world's leading financ ...
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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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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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