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Russian Accelerated Industrialization

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Russian Accelerated Industrialization Definition 19th century Attempts made to make up for Russia s lagging industrial capacity compared with western European ... – PowerPoint PPT presentation

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Title: Russian Accelerated Industrialization


1
Russian Accelerated Industrialization
2
Definition
  • 19th century
  • Attempts made to make up for Russias lagging
    industrial capacity compared with western
    European nations

3
Why so late?
  • Still using medieval agricultural techniques
  • No strong agricultural foundation no
    industrialization
  • Late 19th c. legumes planted
  • More cattle
  • More cheese, milk, butter, fertilizer, etc.

4
Need for Industrialization
  • Activities by Japan and China
  • Need for railroads to help with military and
    political coordination
  • Economic development for a large country
  • Further utilize the raw materials available
  • Export grain to the west
  • Open Siberia up for development

5
How to industrialize?
  • Sergei Wittes policies (expansionist)
  • Conversion to the gold standard
  • Heavy taxation on the peasantry
  • Foreign loans and investments (GR, GB, FR)
  • Accelerated development of heavy industry
  • Build trans-Siberian railroad (finished in 1904)

6
Trans-Siberian Route
7
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8
Results
  • Modern factories develop in major cities in
    Russia and Poland
  • Growing urban and working class
  • High tariffs to protect new industries
  • Russia becomes the 4th in the world of
    industrialized nations
  • Class of industrialists emerge

9
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10
Consequences
  • Debtor nation
  • Russo-Japanese War 1904
  • Russian Revolution 1905
  • WWI/abdication of Tsar Nicholas II
  • Total economic loss and drain on treasury
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