1 Industry 1855-1894 Flashcards

1
Q

Mnemonic

A

Every - emancipation
Damn - Donbas region
Chicken - coal
Is - iron and steel
Ready - railways
For - foreign loans and expertise
Gulags - gold standard rouble 1897

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2
Q

____ were reduced to encourage foreign trade

A

Tariffs/import duties

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3
Q

The government gave _______ to encourage foreign investment

A

Guarantees on returns

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4
Q

In ____, ironworks were set up in ____

A

1872
The Donbas region

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5
Q

In the ____s, the ______ supplied __% of Russia’s coal

A

1860s
The Donbas region
87%

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6
Q

Reutern was the minister of finance from…

A

1862 to 1878

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7
Q

There was an annual growth rate of __% during Reuterns term of office

A

6%

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8
Q

Oil extraction began in the ____ in ____

A

Caspian Sea Port of Baku
1871

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9
Q

However, __ of all government revenue went towards ___ during Reutern’s term of office

A

1/3
Debt repayment

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10
Q

During Reutern’s term of office, the Rouble…

A

Was very unstable

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11
Q

The taxation system and Empancipation edict…

A

Kept the peasantry poor and the domestic market small

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12
Q

____ were raised again in the ___s to increase government revenue

A

Import duties
1880s

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13
Q

Under Vyshnegradsky, a _____ of __% was introduced on ____

A

Prohibitive import tariff
30%
Raw materials

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14
Q

Vyshnegradsky was Minister of Finance from

A

1887 to 1892

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15
Q

Vyshnegradsky negotiated _____ in _____

A

Valuable French loans
1888

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16
Q

Vyshnegradsky focused on…

A

Increasing agricultural exports

17
Q

Foreign loans increased from…

A

98 to 215 million roubles from 1880 to 1890

(1895 280 million, 1900 900 million)

18
Q

Russia became the world’s…

A

4th largest industrial economy in 1897

19
Q

By the ____s, ____ of Russian railways was owned by the state

A

Mid 1890s
60%

20
Q

Increase in railways statistic

A

From 1855 to 1890, railways increased from 650km to almost 20,000km

21
Q

When was the Russian budget in surplus?

A

1873

22
Q

Joint-stock companies statistic

A

By the early 1870s, the number of joint-stock companies increased fivefold

23
Q

Rouble gold standard

A

1897

24
Q

Witte’s impact on railway production and coal output

A

During Witte’s term of office, railway production virtually doubled and

Coal output in Southern Russia trebled

25
Q

Steel production increase

A

9 to 76 million poods