Following the October Revolution of 1917, the Bolsheviks, led by Vladimir Lenin, moved rapidly to consolidate power and dismantle the structures of the Russian Empire .
By 1921, the failure of War Communism led to the New Economic Policy (NEP) , a temporary retreat toward a market economy to stabilize the country. Russia Under The Bolshevik Regime
: The regime nationalized private banks and heavy industries, shifting the economy toward a socialist model. Following the October Revolution of 1917, the Bolsheviks,
: This popular slogan helped the Bolsheviks gain early support from weary soldiers, hungry urban workers, and land-less peasants. Following the October Revolution of 1917