Nicholas 11 economic Flashcards
1
Q
Industry under witte
A
Coal 6x and steel 7 x
2
Q
Railway
A
1900: By this date, about 14,000 km transsiberian
1881-1903 - 51km to 71km
3
Q
Heavy industry
A
1900: Steel production reached 2 million tons, a 300% increase during Witte’s tenure.
1902: Coal production had increased to 35 million tons, a 40% increase during Witte’s reforms.
4
Q
Gold Standard:
A
1897 rouble set to gold standard
1 ruble =0.7 grams gold
Russian ruble became a more reliable and convertible currency,
France loans 2000 million rubles
5
Q
Income industry
A
42 million roubles in 1893 to 161 million roubles in 1897
6
Q
GDP
A
7.5% a year
7
Q
Iron production
A
1900 Russia beat France into forth place in international iron production
