Chapter 2 - Economy/Society - Industrialisation Flashcards
ALEXANDER II: INDUSTRIALISATION
ALEXANDER II: INDUSTRIALISATION
How did A2 believe he could prevent peasant unrest?
By moving rural workers into industry
What was A2 committed to?
State involvement in industry
Who did A2 appoint as minister of finance in 1862?
Mikhail Reutern
What did Reutern attract in order to industrialise quickly?
Foreign investment
Who Manchester businessman helped develop the Russian textile industry?
Ludwig Loop
Who were responsible for the growth of the modern oil industry around Baku in the caucuses?
Nobel brothers
What company did Welsh businessman JJ Hughes create?
The New Russian Coal, Iron and Railmaking company
What % of steel production was JJ Hughes’ company responsible for by 1900?
50%
How many miles of railway track were built in 1862?
2194 miles
How many miles of railway track were built in 1878?
13,979 miles
How much did industrial output increase during Reutern’s term as minister of finance?
Industrial output doubled
What was the average annual growth rate under Mikhail Reutern?
6%
What years was Mikhail Reutern minister of finance?
1862 to 1878
What happened from 1873 to 1882 which did not affect Russia?
The economic depression in Europe
What % of railway lines were in private hands by 1880?
94%
INDUSTRIALISATION: ALEXANDER III
INDUSTRIALISATION: ALEXANDER III
Who was the finance minster from 1882 to 1886?
Nikolay Bunge
What was there a move towards under Alexander III and Nikolay Bunge?
Greater state ownership of the railways
What % of railways were controlled by the state by 1911?
69%
What tax did Bunge abolish in 1886?
Poll tax
How many miles of track were built in 1891?
17,264 miles
Why did Alexander III sack Bunge in 1886?
The collapse of the rouble
Who replaced Bunge as finance minister in 1887?
Ivan Vyshnegradskii
What was introduced by Vyshnegradskii which raised lots of revenue?
The Medele’ev tariff
What happened in 1891 as a result of Vyshnegradskii policies, particularly the raising of income through exporting grain?
1891 famine
INDUSTRIALISATION: NICHOLAS II
INDUSTRIALISATION: NICHOLAS II
What was the period of economic growth under Nicholas II known as?
The ‘Great Spurt’
When was Sergei Witte minister of finance for Russia?
1892-1903
What was Sergei Witte the first person in Russia to do?
Show total commitment to industrialisation