MGTA01H3 Chapter Notes - Chapter 4: Vladimir Lenin, Economic System, Agricultural Adjustment Act

• School: UTSC
• Department: Management
• Course: MGTA01H3

Document Summary

Economic system how groups of people come together, the system that a country uses, to answer these questions. In 20th century planned economics (heavy government involvement) used in many countries: Early 20th century: led by tsar nicholas ii. The bolsheviks (under lenin who was a communist/marxism) overthrow the romanov imperial dynasty. Lenin made himself a dictator of russia changed to soviet union. Lenin (and later stalin) run the economy on marxist principles. Vladimir lenin, second all-russia congress of soviets of workers" and soldiers" deputies report on land, peasant mandate on the land, section 1,october 26, 1917. Lenin the decree on land (1) first law he wrote as dictator. Private ownership of land shall be abolished forever; land shall not be sold, purchased, leased, mortgaged, or otherwise alienated. All land, whether state, crown, church, monastery, factory, entailed, private, public, peasant, etc. , shall be confiscated without compensation and become the property of the whole people . Lenin the decree on land (2)