Effects Of Industrialization In Russia

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Industrialization of Russia
The industrialization of Russia was an important time in history. For the Russians, anyway. The Russians started to industrialize and produced helpful products.
The industrialization of Russia was an important time in history. For the Russians, anyway. The Russians started to industrialize, which seemed like a good thing, but later turned out to be a bad thing. Industrialization is the development of industries in a country or region on a wide scale. Such as going from an agricultural country to an industrial country. This is what Russia did when they finally got industrialized.
Russia was late to the game when it came to industrialization. For most of the 19th century, the 1800s, Russia was behind on growing
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He was in charge for transport, communication, and finance. Foreigners could invest in Russian industrial ventures with the help of Witte. He changed the Russian rouble to a gold standard. This strengthened foreign exchange. According to the text, he also borrowed to fund public works and infrastructure programs including new railways, telegraph lines and electrical plants ("Industrialization in other countries: Russia). In the late 1890s, Witte’s reforms had a noticeable impact on the Russian economy. France and Great Britain lent Russia a large investment to fund new plants and factories in St. Petersburg and other cities. A few years later half of Russia’s industries were foreign-owned. This didn’t take away from the fact that the Russian empire was the world’s fourth-largest produces of steel and second-largest source of petroleum. The new railways transported goods into remote parts of the empire. This led to constructions and operations of factories, mines, dams, and other projects. The industrial economy of Russia had advanced more in ten years than in the last century. “...Russia’s economic progress in the eleven years of Witte’s tenure as minister of finance was, by every standard, remarkable. Railway trackage virtually doubled, coal output in southern Russia jumped from 183 million poods in 1890 to 671 million in 1900.” (Abraham Ascher, historian. "Russian industrialisation.” Russian …show more content…
("Industrialization in other countries: Russia). He wanted to get rid of all capitalism and transform Russia into a socialist country. Stalin came up with his First Five-Year Plan. This included the acceleration of industrialization, importance of industry, and creating a large system of collective farms. In the Ural Mountains new industrial centers were built and thousands of plants were constructed throughout the country. Joseph Stalin also focused on the kulaks. Stalin had so many unattainable production goals that major problems happened. Shortages of consumer groups occurred because large investments were going to the heavy industries. Forcing peasants to become a collectivization often led to uprisings. This resulted in an abrupt stop to agricultural productivity and a famine took place from 1932-1933. About ninety-seven percent of peasant households were grouped together into collectivization, even though the First Five-Year Plan only called for twenty percent. Stalin reached his goal for rapid industrialization through forced collectivization, but human losses were

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