The Age of Witte
- Created by: Alice
- Created on: 11-04-13 16:28
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- The Age of Witte
- Impact of the emancipation
- 82% of population peasants and over half were serfs
- serfs were tied to the land and subject to extensive control by those who owned the land
- major obstacle to economic development = encouraged subsistence agriculture
- The 1861 ukase decree ended the system
- Had to pay redemption payments for 49 years
- subject to the control of the village communes
- 1880 only half of agricultural land was producing surpluses that could be sold
- The 'Great Spurt' 1892-1903
- Witte's aims = to make the Russian economy strong enough to maintain as 'Great Power'
- Appointed Russian finance minister 1892
- Government placed emphasis on productions of capital goods
- Inward investment from Belgium, France and Britain
- Taxed Peasantry
- Trans-Siberian Railway
- Witte's aims = to make the Russian economy strong enough to maintain as 'Great Power'
- Impact of Witte System
- Coal, Iron and oil production rose
- By 1903 Trans-Siberian Railway nearly completed
- Population growth in cities
- By 1900 over half of the industrial workforce was employed in factories
- Exploited the vast natural resources of Siberia
- Creation of poor living and working conditions
- Development of social unrest and support for radical alternatives to Tsarism
- In St.Petersburg Putilov Engineering Works (employed thousands) strike in 1905
- Taxation on peasants caused resentment = uprisings common
- Impact of the emancipation
- Witte's aims = to make the Russian economy strong enough to maintain as 'Great Power'
- Appointed Russian finance minister 1892
- Government placed emphasis on productions of capital goods
- Inward investment from Belgium, France and Britain
- Taxed Peasantry
- Trans-Siberian Railway
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