The Russian Revolution took place in 1917, during the final phase of World War I. It removed Russia from the war and brought about the transformation of the Russian Empire into the Union of Soviet Socialist Republics (USSR), replacing Russia’s traditional monarchy with the world’s first Communist state. The revolution happened in stages through two separate coups, one in February and one in October. The new government, led by Vladimir Lenin, would solidify its power only after three years of civil war, which ended in 1920.
Answer:
The establishment of a national bank was necessary to ensure the stability of the new nation's economy.
Explanation:
The establishment of a national bank was one of Alexander Hamilton's many contributions to the emerging American economy. This bank would protect American manufacturers through direct government subsidies and taxes on imported goods. This bank was referred to as the First Bank of the United States. It was opened for business purposes in Philadelphia on December 12, 1791.
The aspect of the communist approach that was responsible for Mao's victory is using the "Guerrilla's Tactics" and these tactics are the following:
1. They will retreat when the enemy advances.
2. They harass when enemy encamps.
3. They will attack every time the enemy is hesitating.
4. They will pursue when the enemy is retreating.
The Medici family ruled the city of Florence throughout the Renaissance. They had a major influence on the growth of the Italian Renaissance through their patronage of the arts and humanism. The Medici family were wool merchants and bankers. Both businesses were very profitable and the family became extremely wealthy.
