EVENT INFORMATION

1
Òktober
1923

The “scissors crisis” exposes conflict between farm and factory prices

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📅 1 Òktober 1923 📍 Union Sovietico

During 1923, industrial prices rose sharply relative to agricultural prices, producing a widening gap known as the “scissors crisis.” Peasants found manufactured goods expensive while state planners sought grain for cities and industry. Price reductions and market interventions narrowed the gap, but the episode exposed how exchange terms transferred pressure between countryside and industry. The date marks the month when the divergence peaked rather than a single-day decision.

Inisiá sesion pa gusta òf marká e relato aki.
🔖 Marká

Personanan den e suseso aki

Peasant producers

industrial workers

state planners

Organisashonnan den e Evento aki

USSR

State Planning Commission