Russia unit 1 opps Flashcards
(8 cards)
1
Q
Russian economy
A
- Reutern introduced reforms
- Treasury was reformed tax collection no more tax farming and instead state controlled collection and more indirect taxation.
- auditing gov departments.
- Publishing tax budgets.
- state banks 1860 , municipal banks 1862 and saving banks 1869. Provide loans and centralised gov finance.
- Reduction on import duties in 1863.
- Gove subsidies provided to priv entrepeneurs developing railways.
- Gov provided annual dividend to encourage foreign investment.
- Join stock companies were allowed to encourage safe investment.
- Tax farmers forced to invest elsewhere
- in 1871 Oil extraction began in the Caspian sea ports of Baku.
1879 Naptha extraction company began in 1879. - Industrial out put from 352 million roubles in 1863 to 909 million rubbles in 1879.
LIMITATIONS.
- 1/3 of all gov expenditure went to paying debts.
- 66 percent of gov income came from indirect taxation keeping peasantry poor.
- Tariff reduction meant a decrease in gov expenditure in 1878.
2
Q
Vyshnegradsky
A
- Took over in 1887
- Prohibitive import tariffs of 30 percent increased home production and helped the iron industry of southern Russia. EG 26.1 million rubles in 1878–1887 to 161.2 million rubles in 1893–1897
- Balance the budget while financing enterprise by negotiating loans eg french loan in 1888.
- increased indirect tax eg tabaco tax rasied by 100 percent.
- Increase export drive by 18 percent between 1881 and 1891 and by 1892 the Russian budget was in surplus.
LIMITATIONS
- “we shall not eat, but we shall export” The serfs had no reserve stores for the winter so during times of bad harvest in 1891 - 92 bad harvest brough widespread famine in which thousands died.
- Great famine in 1891 - 92 affected 17 Russian provinces and 350000 died.
3
Q
Witte
A
- increased state spending trans-Siberian Railway, launched in 1891 and mostly completed by 1904.
- Protective tarrifs and forced exports
- encouraged foreign investment and private enterprise, especially in heavy industries like coal, steel, and oil.
From 1890 to 1895, foreign investment went from 215 rouble to 280 rouble. - By 1897 Russia was the world 4th leading industrial economy.
4
Q
Economy for peasants
A
- Quantity of ploughland reduced.
- agricultural change limited due to high tax , traditional farming EG in 1870s 50 percent of peasant income went to tax and dues.
- redemption payments took 25 to 40 percent of peasant income with low 6 percent interest.
- yields were low in comparison to western Europe.
- Land banks increased landownership between 1877 and 1905 over 26 million hectares passed into peasants hands, but it increased debt.
- Russia produced 45 puds of grain meanwhile Uk and Germany produced 146 puds.
- average lif expactacy for peasnat was 27 male and 29 female.
5
Q
Landed elite
A
- Landed elites personal land owning greatly declined after emacippation and they sold theri land to pay debts and went to other fields.
- 1/5 of uni profs came from hereditery nobles.
- in 1882 700 nobles ownded their own businesses in Moscow .
- 2500 found jobs in commerce, trasnport or industry.
they retained their wealth.
6
Q
Middle class
A
- oppertunities to be doctors, bankers gov contractors to build railways and gain state loans to set up factories gave enterprising oppertunities but the middel class was no more than half a million in 1897.
7
Q
urban working class
A
- 2 percent of population
- By 1864 1 in 3 workers were peasants
- In 1882 - 90 series of reforms to the grim conditions of factories appointing inspectors stopping excessive fines and payment in kinds and child labour regulations and reduction in working hours.
- 33 strikes per year between 1886 and 1894.
8
Q
A