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61097
Sergei Witte - The Great Spurt
Description
History (1881 - 24) Mind Map on Sergei Witte - The Great Spurt, created by charlotte151996 on 29/04/2013.
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1881 - 24
history
history
Mind Map by
charlotte151996
, updated more than 1 year ago
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Created by
charlotte151996
over 11 years ago
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Resource summary
Sergei Witte - The Great Spurt
Impact of the Witte system
Coal, iron and oil production rose.
Russia still lagged behind other Great Powers.
1903 - most of railway complete.
1900 - half of industrial workforce employed in factories.
Large cities grew at a phenomenal rate.
Poor living and working conditions.
Development of social unrest and radical alternatives.
Aim to make the Russian economy strong enough to maintain Great Power title.
Lacked industrialisation factors:
Very small business class - class that was central to development of European economies in 19th century.
Peasants did not have complete freedom of movement - limited migration of workers into cities.
Economy did not have sufficent funds to invest in industrial development - couldnt produce enough surplus grain to raise money.
Witte System
Gov. placed emphasis on capital goods - iron and steel, coal and machinery.
Economic development financed from abroad. Also, Russias extra taxes were levied on already over-taxed peasantry.
Trans-Siberian Railway
Run 700km across Russia - from St. Petersburg to Vladivostock
Provided communication needed to explot Siberian economy.
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