Tsarist Economy

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Why were the Tsars determined to modernise the economy?
this was a proven link between modernisation and military effectiveness and to maintain status as a great power
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What years was Sergei Witte finance minister?
1892-1903
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How did Witte try to encourage Russians to spending money on Russian made industrial goods?
He placed a high tariff on foreign goods
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How much of metallurgic production was controlled by the state in 1899?
2/3
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What happened to the Baku oil refineries under state control?
They become the worlds second largest producer after Texas
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How many workers were there in large-scale industry in 1913?
2.4m
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How many km of railway track had been laid by 1914?
50,000km
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What % did grain harvests increase by annually from 1881-1913?
2%
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What was the diversification of crops facilitated by?
the increased use of factory equipment
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What region was hit by famine in 1891-2?
Volga
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What type of weather became an intermittent problem?
droughts
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Card 2

Front

What years was Sergei Witte finance minister?

Back

1892-1903

Card 3

Front

How did Witte try to encourage Russians to spending money on Russian made industrial goods?

Back

Preview of the front of card 3

Card 4

Front

How much of metallurgic production was controlled by the state in 1899?

Back

Preview of the front of card 4

Card 5

Front

What happened to the Baku oil refineries under state control?

Back

Preview of the front of card 5
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