Russia industry Flashcards
Alex railway
Build 13000 miles of railway – 7x increase
2194 miles were opened in 1862, by 1878 13979 miles were opened.
Economic growth alex 11
Russia’s economy grew by 6% a year under Reutern.
By 1880, 94% of Russian railways were owned by private companies.
Depression in eurpoe doesnt impact
Ludwig loop
built 154 factories and equipped 187 factories.
JJ Hughes
By 1884 largest producer - 80% coal
Nobel brothers
from Norway invested in oil-wells in Baku
Bunge - 1882-1886
Salt Tax was abolished in 1881.
The unfair Poll Tax was abolished in 1886.
In 1883 a Peasant Land Bank was set up that lent money to peasants at very cheap rates to buy land.
The government started to buy back the railways. By 1911, 69% of the railways were owned by the Russian government.
Bunge is sacked after the Rouble collapsed in the mid-1880s.
Vyshnegradskii 1882-1886
Introduced the Medele’ev Tariff in 1891. - money exporting grain
-Leads to 450000 to die in famine
Witte1893-1903
This was known as the ‘Great Spurt’.- 69% economy boost
*17264 miles of railway opened in 1891. 31125 opened in 1901
*Income earnt in industry went from 42 million roubles in 1893 to 161 million roubles in 1897
The Rouble was placed on the gold-standard in 1897.
Coal prduction increases 2x – iron /steel 7x
Stolypin 1905-11
Nov 22nd 1906 land refrom
1909-1913 GNP grew 3.5% every year.
However, by 1913 Russia only produced 10% of coal Britain produced and Russia’s GDP was 20% of Britain’s.
Ww1
The economy collapses.
The government spent 1.5 billion roubles in 1913. The War alone cost 3 billion in 1916.
Prices rose by 400% between 1914-1917.
Decree on state
Nov 8th 1917 - no private business
30000 centralised
Decree on supreme economic council
Dec 15th 1917
SEC formed
Decree on workers control
Nov 27th 1917
-Given power
Civil war
Coal production was 29 million tonnes in 1913, it was 8.9 million tonnes in 1921.
In 1920 the Rouble was worth 1% of what it had been worth in 1917.
Falls 230 X
By 1921 90% of all wages were paid in kind (i.e. with goods, not cash)
NEP
March 21, 1921
Increases production
1921, the grain harvest = 37.6 million tons. By 1926 = 76.6 million tons.
By 1926, industrial output was about 200% of what it had been in 1921.