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What decision made by Czar Nicholas II led to his abdication?
Entering WWI.
What does abdicate mean?
Abdicate means renouncing one's throne.
What fate met Czar Nicolas II and his family?
They got killed.
Why did Lenin approve the execution of Czar Nicholas II and his family?
So the blood line would be killed so none of them could become the future king or queen.
What BIG problem facing society was communism addressing?
Inequality between the proletariat and the bourgeoisie.
According to communism, who are the proletariat and who are the bourgeoisie?
The proletariat were the workers while the bourgeoisie were the rich and lazy.
According to communism, who actually owned the land, factories and business in the Soviet Union?
The government did.
In what ways did the Soviet Union and the US compete after World War II?
The space race and the Cold War.
Explain the symbolism of the Soviet flag.
The sickle represents agriculture and the hammer shows industry working together.
Who is Vladimir Lenin?
He introduced communism in Russia and was the first leader.
How did the Communists treat the proletariat?
They would not treat them equally and were rude to them.
What allowed the Soviet Union to emerge as a Superpower after World War II?
Scientists, Red Army, Stalin's 5 year plan, and natural resources.
What does Stalin mean by 'If only one man dies of hunger, that is a tragedy.'
It emphasizes that when only one person dies, it is felt more emotionally compared to many deaths being considered mere statistics.
Why were television and radio stations limited in USSR?
To brainwash the public into believing the government's ideology.
How did Josef Stalin control the Soviet people?
Through the Gulag and KGB, using fear of punishment.
What highlighted the central economic problem facing the Soviet economy?
Poor quality products, lack of supplies, lack of rewards and incentives, long lines.
What was the Cold War between the USSR and the U.S.?
An arms race involving nuclear weapons, where MAD (Mutually Assured Destruction) was a central concept.
What does Sting mean when he sings: 'There’s no such thing as a winnable war; it’s a lie we don’t believe anymore.'?
It suggests that no war is winnable, especially nuclear wars, as they result in massive losses.
What is the definition of a Market Economy (Capitalism)?
A system where businesses and people make decisions about what to buy, sell, and produce without much government control.
What is a Command Economy (Communism)?
A system where the government makes all the decisions about what is made and who gets it.
What does 'Economic Inequality' refer to?
When money and resources are not shared fairly, so some people have a lot more than others.
What is a 'Doom Loop'?
A cycle where decreased spending leads to job losses and even less spending.
What role does innovation play in capitalism?
It's critical for creating new ideas and products that lead to success and competition.
What does Efficiency mean in economic terms?
Making things in a way that saves time, money, and materials while meeting people's needs.
What is entrepreneurship?
It's when a person starts their own business and takes risks to try to make money.
What is the significance of the term 'mixed economy'?
A system that blends a market economy with some government involvement for stability.
How does the government play a role in our capitalist/mixed economy?
Through regulation to address issues like environmental damage and poverty.
Why did Communism fall apart in the USSR in 1991?
Due to lack of efficiency, innovation, and competition, leading to stagnation.
What happens during a depression?
It's a severe and long-lasting recession where many people lose jobs and businesses shut down.