Motives for Russian Industrialisation

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  • Military was important
  • Financial: industry could develop behind high tariff barriers
  • Intiative take by state Government support e.g. guaranteed profits and subsides
  • Had plentiful, cheap labour in Russia with weak labour organisations
  • Railways had been developed which boosted industries e.g. Iron and Steel
  • Industrialisation would lead to increased production, growth rate and raise Russia's status

Possible Objections

  • Dependent on European money, with restricted diplomatic options as tied to France
  • Caused Heavy taxation on peasants as needed confidence of foreign investors

Advantages in Economic Development

  • 1850s: Growth in…


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