What happened to Russia's economy after World War 1?
The Bolshevik Revolution was 1918. That was pretty much it.
Since it all went to Communism after then there was no "real"
capitalism to speak of, and all money and possessions became state
money and possessions. So whatever could be used for the
"betterment of the state", in practice was disallowed in the way of
personal ownership. Whatever churches existed, became "museums"....
nothing that had individual value remained in the hands of the
individual. The propaganda machine tore through the collective
psyche and all but quashed individuality. Peasants were created and
destroyed... somewhere between 30 and 50 million died as a
result.... Economically think of the USA with respect to Katrina
and Sept 11- 4200 deaths in both those events combined and it
slammed the economy to a stand still for a short time. Now imagine
the same thing multiplied by 100,000. THAT is roughly what happened
to the economic state of the Soviet Union, without the aid of
modern medicine, treaties, media or dialogue like we have now in
the world. Pretty grim stuff. Now the value went to a government
within the border, but the individual wealth ceased... and so did
so many lives.