Sergei Witte and the Great Spurt

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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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