the collapse of autocracy: Economic devolvement to 1914: industrial and agricultural growth and change Flashcards

1
Q

how much did the Russian economy grow by between 1992 and 1914

A

the Russian economy grew at a rate of 8% poor Annum

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2
Q

why was interest rates increase?

why was the rouble backed by the value of gold?

A

interest rates was increased to encourage foreign loans

it was backed by gold in 1987 to increase business confidence

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3
Q

how long was russias railway track by 1914

A

62,000 kilometres making it the second longest in the world.

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4
Q

the impact of railway development

A

it stimulated heavy industries on reduced transport costs for manufactures and provided government revenue

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5
Q

industrialsation effects

A

costs were high as a result Russia deepened on foreign investment

by 1914, russia became the 5th largest industrial power.

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6
Q

what was stolypin reforms

A
  • The mir system on collective ownership of land by families was abolished in November 1906
  • as promised in 1905 redemption payments were abolished in January 1907 and peasants became free to leave their villages
  • Government subsidies to encourage settlement in Siberia were increased.
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7
Q

Successes of the agricultural reforms

A
  • peasant ownership of land increased from 20% in 1905 to nearly 50% in 1915
  • grain production rose annually and by 1909 Russia was the world’s leading cereal exporter
  • around 3.5 million peasants moved from overpopulated areas to Siberia creating a major agricultural region therefore dairy and cereal
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8
Q

failures of the agricultural reforms

A
  • by 1914 only 10% of land had been transferred from communal to private ownership
  • in 1914 90% of peasants Holdings were still based on scattered strips and farming methods remain backwards
  • Siberia proved difficult terrain for those who relocated there
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