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5976479
Describe the economic situation in 1855
Descrição
The state of the Russian economy by 1855
Sem etiquetas
a level
history
russia
economy
alexander ii
grinevsky
history
r: 1.1- trying to preserve autocracy
a-level
Mapa Mental por
Declan Wiseman
, atualizado more than 1 year ago
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Criado por
Declan Wiseman
mais de 8 anos atrás
27
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Describe the economic situation in 1855
Quotes
"Wasteland behind Europe's back yard" Alexander Grinevsky
Backward
Labour
11:1 village to town dwellers vs Britain, 2:1
Small middle class
No entrepreneurs or wealth creators
High unemployment
Serfs starved during winter due to inefficient strip farming
Goods and the economy
Reliant on agriculture
Main exports: raw materials
Coal, timber, oil etc
Self-sufficient- peasants could live without entering the market
Reliant on serfs, free labour
Slow economic growth
Low incentive
Serfs no wage
Trading more common than money
Much of Russia inhospitable
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