To what extent were Russian industry and agriculture transformed in the years 1881-1914?

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  • Early reforms- Finance Minister Bunge offered loans to peasants to help them increase the size of their landholdings and make them more productive. Vyshnegradsky realised there was a high demand for land in European Russia as the peasants still farmed small strips of land. He offered financial incentives for peasants to migrate to Siberia.
  • Witte- He placed an emphasis on the production of capital goods such as iron, steel, coal and machinary. The centrepiece of his 'Great Spurt' was the Trans-Siberian Railway, it had been mainly completed by 1903 and helped to develop Russian influence in the Far East. The industrial…

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