Sergei Witte and the Great Spurt
- Created by: AliceEGray
- Created on: 19-03-15 19:10
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- economic and social change in Russia - Sergei Witte and the Great Spurt
- high tariffs to protect the Russian economy - 1891
- however, Russia lacked the factors needed for rapid Industrialisation
- small businesses
- peasants did not have complete freedom of movement. limiting workers migration from rural to urban to swell numbers in workforces in cities
- limited funds to invest
- financial minister Sergei Witte..1892-1903 ...
- made a plan for economic growth
- development, sponsored and directed be the government
- emphasis on iron, steel, coal and machinery
- financed from abroad and taxes levied
- trans-Siberian railway - influence in the far east
- impacts
- production rose
- 50% industrial workforce employed in factories with over 1,000 workers
- cities grew
- exploited natural resources in Siberia
- poor living and working conditions in cities due to rapid population growth
- social unrest and support for radical alternatives to Tsarism
- still lagged behind the other great powers
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