Why was Russia's Economy so Backwards in the early 1900s.

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  • Created by: millea
  • Created on: 06-05-18 15:39
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  • Why was the Economy so Backward?
    • Large Peasant Population
      • 80% Peasants
        • Agriculturally based
      • Subsistence Farming
        • 80% Peasants
          • Agriculturally based
      • Only 5% of land used.
      • Too many moved to the towns at once.
      • Peasants were practically slaves
    • Poor Infrastructure
      • Under-developed road and railways system.
      • Only the poor had to pay taxes.
    • Poor Banking System
      • No effective system
      • Count Sergei Witte
        • Minister of Finance. 1883-1903
    • Russia's Size
      • Only 1 railway.
      • Lots of unused resources.

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