Extent and reason for economic change N2 Flashcards
What caused Russia to be set back further than the west (N2)
WW1
What was forgotten about because of WW1 (N2)
Agriculture which lead to famines
What forced a tax increase (N2)
Struggling top meet military demands
What was the Industrial spurt (N2)
Industry income went from 42 billion Roubles in 1893 to 161 billion Roubles in 1897
Why did they switch to the gold standard (N2)
So to encourage investment
How did Heavy industry change (N2)
Focus on it
Coal x2 Iron and steel x7 and there was new tech
Railway growth (N2)
17264 miles to 31125 by 1901
How much did industry grow on average (N2)
7.5% a year
What did economic policy’s lay foundations for(N2)
Stalin
Coal production was what percentage of Britain in 1913 (N2)
10%
What % did inflation reach (N2)
400%
What did industry struggle to meet (N2)
demands for WW!
What effects did Wittes reforms have
Short term positive effect