Policies of Witte

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1. What was a key factor Witte identified that was holding Russian industrialisation back?

  • Russia lacked a mobile workforce to work in the cities - as it was difficult to get an internal passport from the Mir
  • Russia lacked resources to exploit
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2. By 1905 how many km of railway had been built?

  • 250 Km had been built
  • 59,000 Km had been built
  • 10,000 Km had been built

3. Why did Witte encourage state capitalism?

  • Russia lacked an entrepreneural class so the state had to encourage industrialisation
  • It was more effiecient compared to entrepreneural industrialisation

4. How did Witte prevent the rouble from fluctuating?

  • \He reduced the amount of money in circulation
  • In 1897 he backed the rouble with the gold standard
  • He printed more money

5. How did the Government encourage private companies to build the railway?

  • They gave the railway companies tax exemptions
  • They offered annual subsidies - ensuring that the companies would be guranteed to make a profit
  • They used ex serfs as slave labour

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