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1855-1894
Economic Developments
Agriculture + Land
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The average peasant had less than
4
hectares of land which was barely enough to
subsist.
The nobility kept the best land for themselves.
The fact that every male child had right to land meant that land was divided into even smaller allocations.
Farming
methods remained
backwards
with mir
elders
resisting
change
and
peasants
lacking money to
invest
in
equipment.
In 1878, only 50% of peasants could produce a surplus.
Some peasants were successful and emerged as the new kulak class.
The creation of Land
Banks
in
1883
for
peasants
and
1885
for
nobles
helped
peasants
buy surplus
land
and
land
off nobles with low
interest rates.
26 million hectares of land were bought by peasants between 1877 and 1905.
The amount of food grown in a given area of land (
yields
)
remained
low
compared to
Western
Europe.
Grain yields were 3 times lower than in the UK or Germany.