2.1 economy Flashcards
why did Alexander begin industrialisation
-peasant unrest dealt w/ moving rural workers off land
example of foreign expertise in Alexander II industrialisation led by Reutern
-J.J.Hughes - largest producer pig iron - Hughes creates town Yuzovo
evidence of industrial success due to railway in Alexander
-double industrial output + avg annual growth rate 6%
Alexander III when was peasant land bank set up
1883
peasant land bank - 1911 how much of system under public control
69%
vyshnegradsky replaces Bunge 1887 why
bunge liberal policy = fall rouble
when was the Medelev’ev tariff
1891 - income gained through taxes on imports
when was Vyshnegradsky famine due to ‘we shall not eat but shall export’
1891
when did Witte place Russia on gold standard
1897
what did Witte adopt
-foreign loans + raise taxes - allow capital for investment in industry
effect of Witte’s great spurt
-iron + steel production 7 fold
increase income industry Witte’s great spurt
42 million to 161 million roubles
what could Witte’s policies be seen as
‘dress rehearsal’ for Stalins industrialisation
criticism of Witte policy
-1914 Russia 11x fewer miles track than germany
1909-1913 industrial output increase by
7% per year