Chapter 6 Flashcards
Why was the development of the economy under Vyshnegradsky and von Reutern almost entirely state-led
There was still an absence of a middle class
Dominant industry under Alexander II + von Reutern
Textiles
Annual growth rate under Alexander II + von Reutern
6% per annum
Heavy industry developments under Alexander II and von Reutern
- Baku for oil 1871
- Dontesk reigon for iron in 1872
Major limitations to the economy under von Reutern and Alexander II
- 66% of Government Revenue came from indirect taxation
- Rouble subject to wild fluctuations in value
- 1/3 government expenditure went to repayment of debts
Positives of Vyshnegradsky’s economic policies with Alexander III
- Coal, pig-rion and crude oil production significantly boosted
- Key loans negotiated with the French in 1885
What was the great economic faliure of Vyshnegradsky
Between 1881-91 grain exports increased by 18% leading to the Great Famine
Impact on people of the Great Famine
- 17 of the 39 provinces affected
- Cholera and typhoid push death toll over 350,000
Railway increase under von Reutern and Alexander II
From 3,000 to 13,270km between 1866-81
Key belief of Witte
Economic moderinsation would lead to curbing revolutionary activity
Positive economic growth under Witte and Alexander III
- Continued to increase foreign loans and expertise from France, Britain and Sweden
- By 1897, Russia have 4th largest industrial economy
Limitations to economic growth under Witte
- Bulk of export trade in grain rather than industrial goods
- Even so, grain production still over 3x less than Britain and Germany
Who creditied for overall increase in agricultural production in the 1870-80s
Kulaks
Class structure change under Alexander III and Alexander III
Many serf-owners retained much of their wealth, meaning society was kept highly stratified
Significance of growth of middle class under Alexander II and Alexander III
- Did see rapid growth
- Numbers added up to no more than half a million by 1897 census