"The Russian Revolution of 1917 was one of the most significant events in the 20th century” - Elizabeth M. Fernholz (academic.mu.edu). The effects right after March 12, 1917, was that Nicholas the Tsar II stepped down from his power. Social and economic problems went on into late 1917 even after the events of March because the Tsar's actions were so bad and consequential for the country. This revolution, however, did have the first communist group and inspired many after it. In the end, this revolution was successful because the people got a better leader and it represented the people.