Development Of Economy 1861 - 1917 Flashcards

1
Q

7 main events/individuals

A

Emancipation of the Serfs
Mikhail von Reutern
Nikolai von Bunge
Ivan Vyshnegradsky
Sergei Witte
Stolypin
Dual Power

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2
Q

Mikhail von Reutern was the Minister of Finance from ____ to ____

A

Mikhail von Reutern was the Minister of Finance from 1862 to 1878

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3
Q

Nikolai von Bunge was the Minister of Finance from ____ to ____

A

Nikolai von Bunge was the Minister of Finance from 1881 to 1887

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4
Q

Ivan Vyshnegradsky was the Minister of Finance from ____ to ____

A

Ivan Vyshnegradsky was the Minister of Finance from 1887 to 1892

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5
Q

Sergei Witte was the Minister of Finance from ____ to ____

A

Sergei Witte was the Minister of Finance from 1892 to 1903

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6
Q

Pyotr Stolypin was the Prime Minister from ____ to ____

A

Pyotr Stolypin was the Prime Minister from 1906 to 1911

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7
Q

The emancipation in 1861 created ______ but kept peasants ____

A

The emancipation in 1861 created Kulaks but kept peasants poor

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8
Q

Von Reutern reformed the ____, abolished ______, and introduced which 3 types of banks?

A

Reformed the treasury
Abolished tax-farming
Introduced state banks, municipal banks, and savings banks (1860, -62, -69)

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9
Q

During von Reuterns term of office, there was an annual growth rate of __%

A

6%

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10
Q

During von Reuterns term of office, oil extraction began in ____, and ironworks were set up in _______ in ____

A

During von Reuterns term of office, oil extraction began in 1871, and ironworks were set up in Donetsk in 1872

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11
Q

State 3 issues with von Reutern’s economy

A

1/3 expenditure went to debt repayment
Peasantry stayed poor
Domestic market stayed small

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12
Q

Von Bunge set up the ______ in ____, and later the _______ in _____.

A

Von Bunge set up the Peasants’ Land Bank in 1883, and later the Nobles’ Land Bank in 1885.

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13
Q

Von Bunge lowered _________, and improved working conditions by restricting _______

A

Lowered redemption payments
Restricted child labour

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14
Q

Von Bunge was ultimately ______, as he contributed to an increasingly _________

A

Sacked
Weak economy

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15
Q

Vyshnegradsky famously said…

A

“We ourselves shall not eat, but we shall export”

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16
Q

To boost industry and encourage ____ production, Vyshnegradsky introduced a __% ______ tariff on raw materials.

A

To boost industry and encourage iron production, Vyshnegradsky introduced a 30% import tariff on raw materials.

17
Q

Who negotiated valuable loans from France in 1888?

A

Vyshnegradsky

18
Q

From 1881 to 1891, increased grain requisitioning led to increased grain exports by __%

A

18%

19
Q

By ____ the Russian budget was in surplus

A

1892

20
Q

What was the most devastating event during Vyshnegradsky’s term of office?

A

The 1891-1892 famines
350,000 deaths

21
Q

During Witte’s term of office, foreign investment ____ from ____ in _____ to _____ by ______

A

Foreign investment tripled from
280mil in 1895 to 900mil by 1900

22
Q

A new rouble was created, adopting the gold standard in ____

A

1897

23
Q

Witte introduced a railway construction programme, and ______km had been laid by ____

A

600,000km by 1905

24
Q

Foreign investment increased to ___ million roubles by ____

A

Foreign investment increased to 215 million roubles by 1880

25
Q

What did Witte neglect?

A

Agriculture

26
Q

What was abolished in 1907?

A

Redemption payments

27
Q

Stolypin’s agrarian reforms focused on increasing _____, which would result in a more invested peasantry.

A

The number of peasant landowners

28
Q

As a result of the agrarian reforms, agricultural output increased by ___

A

1/3

29
Q

By 1905, __% of landlord land had passed to the peasantry

A

27

30
Q

Stolypin’s reforms were largely unsuccessful, as peasants were _____, and he had to resort to _______

A

Reluctant to change
Force and terror

31
Q

By 1914, only __% of Euro-Russian peasants had set up farms outside communes

A

10

32
Q

In 1917, there were ____, ____, and ______ shortages

A

Food
Fuel
Raw materials

33
Q

In 1917 the railway system…

A

Showed signs of breaking down

34
Q

___ factories in Petrograd shut down between _____ and _____ 1917; _______ jobs were lost

A

568 factories
Between February and July
100,000 jobs lost

35
Q

In 1917, grain prices in Petrograd _____ between _____ and _____

A

Doubled between February and June

36
Q

____ Russia produced ____ million tonnes coal, while the UK produced ____ million tonnes

A

1913 Russia produced 29.2 million tonnes coal, while the UK produced 292 tonnes

37
Q

Production of __ and ___ rose from _ to __ million poods

A

Production of iron and steel rose from 9 to 76 million poods

38
Q

Foreign investment had ____ by 1880

A

Foreign investment had doubled by 1880