Sergei Witte Flashcards

1
Q

Who was Sergei Witte?

A

Minister of Finance 1892-1903

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2
Q

What was his main aim?

A

To strengthen the Russian economy and to improve Russia’s position as a contending global superpower

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3
Q

What 2 points did Russia need improving on?

A

1) Russia needed a larger business class of people

2) They needed more peasants in cities to work in the factories

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4
Q

What 2 policies did Witte implement to overcome the problems?

A

1) Taxes were established on peasants to increase the funding for industrialization
2) The Trans-Siberian railway was built

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5
Q

List 2 successes of Witte’s policies

A

1) Cities grew rapidly = From 1 million in 1890 to 2 million in 1914

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6
Q

List 2 failures of Witte’s policies

A

1) Poor living condition for the working classes - This later resulted into strikes
2) Greater political opposition to the Tsarist System of Rule

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