Economic Development To 1914 Flashcards
What was Russia’s average annual growth rate in the latter half of the 19th century
Approximately 8% per annum
In the eleven years of Witte, how did the Russian economy change
Railway trackage doubled, coal output in southern Russia tripled, and foreign investment nearly 10x from 280 to 2000 million roubles
When did Russia enter the gold standard and why
1897-to strengthen and stabilise the currency and promote foreign investment and confidence
By 1900 how much of Russias railways were state controlled
70%
How much of Russias metallurgical production was the state itself purchasing
2/3rds
Between 1903 to 1913, how much of govt income was from it’s industrial investment
25%
In 1913, where did Russia rank in terms of global total length of railway trackage
2nd, behind USA
When was the trans Siberian railway finished
1902, with further additions in 1914
Running from central Europe to Vladivostok, a length of over 7000km
What was an issue with heavy russian industrial development
It was heavily concentrated around a limited number of areas, promoting inequality and uneven development
What % of russian coal was supplied by the Donbas region by 1913
87%
How did russian oil production change from 1885 to 1913
It trebled
What factory in st Petersburg provided, in 1885, a quarter of all state orders for locomotives, and by ww1 was one of Russias main armament prducers
Putilov Iron Works
What accounted for 40% of Russias total industrial output in 1910, possibly to certain industrialists annoyance
Light industry and textiles
Why were certain German generals so keen for war against Russia in 1914
They were scared that Russia would eventually outstrip German economic development and the war would be no contest
What industry was the livelihood for 80-90% of the Russian population
Agriculture