Industrial policies of Alexander II Flashcards
Who was heavily involved in industry under Alexander II?
-Milyutin.
How industrialised was Russia by 1855?
-Little industry, very agricultural.
-Tsars wanted to make money- heavy emphasis on iron, steel and coal.
-wanted to ‘catch up with the west).
What could Alexander’s management of the economy be called?
-proto-management of the economy.
What was the new work discipline?
-strict regulations for employees.
-safe and effective work.
What did Reuters’s approach centre around?
-railways
-attracting foreign technical expertise
-employment of foreign investment capital.
What did Reutern want a modern expansion in?
- coal
- textiles
- oil
Example of a ‘foreign’ person who helped develop the Russian textile industry?
-Ludwick Loop
-from manchester.
Example of a ‘foreign’ person who helped develop iron and steel production? (welsh)
-JJ. Hughes
-Employed by Russian government.
-his company biggest producer of iron in entire empire. 1/2 of all.
What did JJ. Hughes put social investment into?
-new town (Yuzovo)
-public houses+ English schools
How much did the amount of railway increase between 1862 and 1875?
7X
aprox. 2,000 - 7,000 Miles.
What did the construction of railways allow for?
-A cushion against European economic depression.
-gave boost to industrial sector.
What percentage of annual growth did the industrial sector have post railway?
6%.
What did railways attract to Russia?
-foreign investment capital.
Which ‘novel’ approach allowed Reutern to secure ‘foreign moneys’
- government bonds
- tax
- monopoly concessions.
What percentage of railways were in private hands and why was this an issue?
-94%
-financial corruption- companies saying they need help from the government but didn’t.
