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was produced as a signed protest sent to the
Central Committee of the RCP. To combat the crisis, the government reduced costs of industrial production by cutting staff, rationalizing production, controlling wages and benefits and reducing the influence of traders and middlemen
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Like the blades of a pair of open scissors, the prices of industrial and agricultural goods diverged, reaching a peak in
October 1923 where industrial prices were 276 percent of their 1913 levels, while agricultural prices were only 89 percent. The name was coined by
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after the scissors-shaped price/time graph. This meant that peasants' incomes fell, and it became difficult for them to buy manufactured goods. As a result, peasants began to stop selling their produce and revert to
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rose by 47% whereas that of a pair of boots rose by 334%. The crisis happened because agricultural production had rebounded quickly from the
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By August 1923 a wave of strikes spread across
Russian industrial centres, sparked off by the crisis. Within the Communist Party,
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The
Scissors: retail and wholesale prices of agricultural and industrial goods in the Soviet Union July 1922 to November 1923
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performed an analysis and actively participated in the planning for the state intervention that followed.
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As a result of these actions, the imbalance started to decrease. By April 1924, the agricultural
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prices. The term is now used to describe this economic circumstance in many periods of history.
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had reached 92 (compared to its 1913 level) and the industrial index had fallen to 131.
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408:"Bolshevik Opposition to Lenin: G. T. Miasnikov and the Workers' Group"
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A similar crisis had occurred in 1916, when for example the price of
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A people's tragedy : the
Russian Revolution, 1891-1924
60:. Unsourced material may be challenged and removed.
328:"О соотношениях цен в 1927/28 и начале 1928/29 гг"
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402:Workers Group of the Russian Communist Party
290:An Economic History of the USSR: 1917-1991
396:When dissident communist groups, such as
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180:After the 1927 crisis, soviet economist
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270:Soviet grain procurement crisis of 1928
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255:Industrialization in the Soviet Union
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490:Economic history of the Soviet Union
260:Collectivization in the Soviet Union
58:adding citations to reliable sources
27:1923 economic crisis in Soviet Union
466:Seventeen Moments in Soviet History
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326:Гатовский, Лев Маркович (1929).
177:, leading to fears of a famine.
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45:needs additional citations for
225:) by expanding the network of
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464:and the Scissors Crisis", at
292:. Penguin Books. p. 90.
316:Belknap Press. 2009 p. 304.
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485:1923 in the Soviet Union
372:Figes, Orlando (1997).
353:Cite journal requires
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458:1924: Scissors Crisis
406:Avrich, Paul (1984),
314:Trotsky: A Biography.
231:People's Commissariat
227:consumer cooperatives
218:The Declaration of 46
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250:Ural-Siberian method
54:improve this article
376:. London: Pimlico.
288:Nove, Alec (1993).
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150:New Economic Policy
148:history during the
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495:Marxian economics
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52:Please help
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418:(1): 1–29,
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