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Impact
Heavy Industry
AIII
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Beth A
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Cards (5)
Witte's focus on
industrialisation
was achieved mainly at the expense of
agriculture
Witte insisted that the most investment went on
heavy industry
and the
railways
During the
'Great Spurt'
coal production
double
and that of iron and steel increased seven fold
The growth in capital from abroad increased on average by
120
prcent every year from 1893 to
1898
Income earned from indsutry shot up from
42
million roubles in 1893 to 161 million roubles by
1897