industrial development, 1908-14 Flashcards
by 1914, Russia was the world’s what largest producer of coal, pig iron, and steel, and the Baku oilfields were only rivaled by?
-worlds 4th largest
-only rivalled by texas
what did russia rank in the world’s industrial power?
world’s fifth-largest industrial power
russia had been late to?
industrialise
-meant. significant amount of production carried on large-scale modern works, employing over 1,000 workers
latest most-up-to date technology was being used and technological development was taking place inside. so in some respect Russian industry was?
quite advanced
igor Sikorksy(young aircraft designer who tsar visted) designed?
the largest aircraft int he world with four engines
industrial development was still largely?
state-led, but becoming less so and also less dependent on foreign investment
by 1909-11 domestic investment was how many times greater than foreign investment?
domestic investment was 3 times greater than foreign
in the three years leading up to 1913, Russian entrepreneurs were investing in ?
new factories, paper mills, mines and power plants
how many joint-stock companies did Russia start
774
-three times as many as were started in Germany in the previous 5 years
-urban mc involved
there was a growing?
internal market and production of consumer goods rose
despite this growing internal market, as a proportion of total industrial production, the share of consumer goods actually?
fell from 52% to 45%
who was demand coming from?
demand was coming from peasants as the agricultural sector became more successful and prices for farm produce increased
still structural problems in the russian economy
focus on rearmament meant that a coherent plan for developing different sectors of the economy never materialised and so a more balanced economy was not created
focus on military requirements meant that industry could not?
meet the demands for agricultural tools and machinery
although there were large scale modern works there was also a huge number of?
small-scale craft workshops