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They Were BAD! There was massive inflation because of all of the debt the war was putting on them. They also were losing millions of men on the battle field so many women had to do the work back home so the economy fell rapidly. They Were BAD! There was massive inflation because of all of the debt the war was putting on them. They also were losing millions of men on the battle field so many women had to do the work back home so the economy fell rapidly.

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Q: What were the economic conditions during World War 1 in Russia?
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