Economic Developments, 1894-1914 Flashcards
Who initiated a transformation in industry?
Sergei Witte, the Finance Minister (1892-1903)
What happened to the Railway?
- Track doubled
- State bought out small private companies
- Huge expansion
- Allowed exploitation of raw materials
- Allowed transport of grain
- Stimulus for coal and iron companies
- Constructed the Trans-Siberian Railway
What happened to Heavy Industry?
- Developed large factories
- Main areas - Moscow, Poland, Baltic coast
- By 1914 - worlds 4th largest producer of coal, pig iron and steel
- Oil production doubled
- Expansion of Putilov Iron Works.
- Introduced a new rouble - encourage foreign investment
Why was change needed in agriculture?
Small scale farming. Redemption fees and heavily taxed. Not a lot of farm land. Lack of animal farming - deprived the land of manure. Traditional farming methods
What was introduced in 1896?
A scheme that sponsored people to emigrate to Siberia for agriculture
What were some of the reforms Stolypin introduced in 1906/07?
- More land for peasants to buy
- Peasants granted equal rights in administration
- New peasants’ Land Bank - fund land ownership
- Peasants can leave the commune
- Redemption Payments abolished
What were some of the reforms Stolypin introduced in 1910?
Claimed he needed 20years of peace for his reforms to work - war prevented this.
- Legislation encouraged land transfers and development of larger farms
- Grain production rose
- Siberia specialised in dairy and cereal.
What were the changes in agriculture by 1914?
- Only 1.3mil out of 5mil applications had been dealt with
- Only 10% had become private land
- 90% still used traditional strips
- Landowners reluctant to give up land
- Fewer than 1% were Kulaks