Sergei Witte Flashcards
Who was Sergei Witte?
Minister of Finance 1892-1903
What was his main aim?
To strengthen the Russian economy and to improve Russia’s position as a contending global superpower
What 2 points did Russia need improving on?
1) Russia needed a larger business class of people
2) They needed more peasants in cities to work in the factories
What 2 policies did Witte implement to overcome the problems?
1) Taxes were established on peasants to increase the funding for industrialization
2) The Trans-Siberian railway was built
List 2 successes of Witte’s policies
1) Cities grew rapidly = From 1 million in 1890 to 2 million in 1914
List 2 failures of Witte’s policies
1) Poor living condition for the working classes - This later resulted into strikes
2) Greater political opposition to the Tsarist System of Rule