1 Industry 1855-1894 Flashcards
Mnemonic
Every - emancipation
Damn - Donbas region
Chicken - coal
Is - iron and steel
Ready - railways
For - foreign loans and expertise
Gulags - gold standard rouble 1897
____ were reduced to encourage foreign trade
Tariffs/import duties
The government gave _______ to encourage foreign investment
Guarantees on returns
In ____, ironworks were set up in ____
1872
The Donbas region
In the ____s, the ______ supplied __% of Russia’s coal
1860s
The Donbas region
87%
Reutern was the minister of finance from…
1862 to 1878
There was an annual growth rate of __% during Reuterns term of office
6%
Oil extraction began in the ____ in ____
Caspian Sea Port of Baku
1871
However, __ of all government revenue went towards ___ during Reutern’s term of office
1/3
Debt repayment
During Reutern’s term of office, the Rouble…
Was very unstable
The taxation system and Empancipation edict…
Kept the peasantry poor and the domestic market small
____ were raised again in the ___s to increase government revenue
Import duties
1880s
Under Vyshnegradsky, a _____ of __% was introduced on ____
Prohibitive import tariff
30%
Raw materials
Vyshnegradsky was Minister of Finance from
1887 to 1892
Vyshnegradsky negotiated _____ in _____
Valuable French loans
1888