criticisms of Wittes policies Flashcards

1
Q

the interest rates to service foreign debt were ?

A

very high and a major drain on resources

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2
Q

by 1900, how much of the budget was used to pay off foreign debt?

A

20%- 10 x as much as was spent on education

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3
Q

witte prioritised heavy industry over light industry. what did this mean?

A

smaller,sophisticated machine tool and electrical reduced the need for imports + helped modernise manufacturing not developed sufficiently

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4
Q

Witte neglected agriculture which?

A

suffered from under-investment

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5
Q

witte prioritised industrial development over?

A

welfare of the population

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6
Q

rapid industrialisation meant?

A

working + living conditions for workers in towns and cities were appalling
-created social discontent,strikes and general unrest
-Witte did little to alleviate these conditions

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7
Q

he failed to develop a market in consumer products which would have made life more tolerable for ordinary people. High tariffs on foreign industrial commodities made?

A

many goods very expensive for Russians to buy, especially agricultural machinery

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