economics

Subdecks (2)

Cards (24)

  • who started as the finance minister
    serge witte continues from Alex III
  • who becomes finance minister after witte
    Pyotr Stolypin
  • too dependent on foreign investment
  • the railway opened up the eastern empire and advanced the growth of new towns and cities
  • the railway exploited natural resources better
  • state bought railway companies started in 1891
  • a new railway linked the oil refineries of Baku to the black sea port of Batum which helped stimulate the growth of iron and coal industries
  • the trans-siberian railway was built to encourage migration to areas where workers were needed but by 1914 it was only partially finished and didn't increase migration much
  • rapid expansion of cities since large-scale manufacture attracted people seeking employment
  • poor working conditions and overcrowding in cities