extent and reasons for economic change Flashcards
key dates: TSARDOM (7)
1861 - Emancipation edict
1864 - introduction to zemstva
1882 - factory inspectorate established
1883 - Peasant Land Bank set up
1891 - tariff and famine
1892-3 - Witte’s ‘Great Spurt’
1897 - gold standard
key dates: COMMUNIST (8)
1917 - Decree on land, State Capitalism and SEC
1917-21 - War Communism
1921 - NEP, Gosplan and famine
1927-8 - famine
1928-32 - FYP
1929 - mass collectivisation and dekulakisation
1932-4 - famine
1954 - Virgin Land campaigns
What were the main aims of economic policy across the period?
- focus on heavy industry
- catching up with the West
- improve agricultural activity to boost industrialisation
(A2) When was Reutern financial minister? What did he achieve? (2)
1862-78
- focus on railway expansion (through subsides, five fold inc of railway track opened by 1878) - gave a significant boost to industrial sector, annual growth rate of 6%
- foreign experts and loans - Hughes - by 1884 his New Russian Coal, Iron and Rail making company was the largest producer of pig iron - inspired the trends of foreign investment
(A3) When was Bunge economic minister? What did he achieve?
1881-74
- 1883 - Peasant Land Bank
(A3) When was Vyshnegradsky financial minister? What did he achieve?
1887-92
- grain export was up by 18%,
- cutting back on government expenditure and increasing indirect taxation, building up the gold reserves by over 300 mil roubles
(A3) How did Vyshnegradky cause a famine in 1891-2
- ‘we ourselves shall not eat, but we shall export’
- 0.5 die of cholera and starvation - can’t afford goods due to grain requisition
(A3) Why is Witte’s ‘Great Spurt’ a significant turning point for Russia?
- break from slow progress of the past - commitment to industrialisation
- gold standard
- development of a prosperous peasant class
- prelude to Stalin’s Great Turn
(A3) When was Witte economic minister? What did he achieve?
1892-1903
- 1897 gold standard - increase trust and stabilise currency
- 60% of railways state owned by 1890s
- 1822 Baku oilfields, Trans-Siberian
- annual growth 8%, 4th largest industrial producer
failures of Tsarist economic policies
A2:
- Russia remained weak and 1/3 of expenditure used to pay for loans
A3:
- famine
(GS)
reliance on foreign capital and foreign expertise - no growth in home experts meaning changes were short-lived
- russia had 11 times fewer miles of track than Germany
(N2) What impact did WW1 have on Russia’s economy?
- despite having the largest stock of gold reserves in Europe - struggled to meet demands of armed forces
- Stolypin’s agricultural reforms not doing enough
- gold standard abandoned - led to rampant inflation (food prices x4)
- Workers wages less than 1/3 of those in WE
- Population boom 28mil by 1916 led to hoarding and a lack of incentive to buy/sell
(PG) How did the Provisional Government fail in terms of agriculture?
- didn’t solve land problem - wanted to wait until after war - 237 cases of land seizure in July
(LE) When was State Capitalism implemented? What did it entail?
1918-20
Taking control of the economy before it could be ‘safely’ handed over to proletariat - supreme council of national economy – nationalised banks, railways and larger factories, shortages of all consumer goods and food
(LE) What did State Capitalism achieve?
- 1917 Decree on Land
- 1918 Decree on Workers’ Control
- centralised control was essential to survive the effects of war - opposition within/external to the party
- Civil war nullified any positive impacts - coal production fell to 8.9 mil tons in 1921
(LE) When was the Treaty of Brest-Litovsk signed? What did is cause?
MARCH 1918
lost ¼ farmland, ¼ railways, Ukraine or Russia’s ‘bread basket’
shameful peace, civil war almost inevitable, SRs pulled out of Sovnarkrom and Lenin ordered mass arrests to (wanted a world revolution) – potential split avoided??
(LE) When was War Communism implemented? What did it entail?
1918-21
nationalised banks, railways and larger factories, partial militarisation if labour (solely to meet demands of war), food req to feed ary and labour workers
(LE) Impacts of War Communism
- transport of materials and raw good disrupted, inflation, hoarding ad refusing to grow crops due to requisition squads 1919-20
- Caused – strikes in Petrograd, 1920-21 dry spells and hoarding
- By 1920 rouble was worth 1% of its 1917 worth