Russian economy- 1880's

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  • Created by: Lottie
  • Created on: 22-02-12 17:06
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Russian economy ­ 1880's
1881- R great power of Europe
Peasant bank 1882- loan to help increase size of land holdings and be more productive
1882- laws to reduce tax burden on peasants
1889- financial incentives to migrate to Siberia to farm= took some pressure of land demand
BUT catastrophic famines in 1891
R was large in terms of size BUT underdeveloped economically
Focused on agriculture- backwards, unreliable, difficult to sell enough grain at export to raise
money for large scale industrial development


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