Asked in
Politics and Government

What was the economy like under Czar Nicholas?

Answer

User Avatar
Wiki User
May 13, 2012 9:20PM

not very good! The work of Sergei Witte changed a bit (also worked with Alexander the third) through industrial growth (railways and heavy industry) did improve the economy on the industrial front. However to achieve the 'great power status' the focus was on industry, leaving agriculture pretty much unchanged. There was a population boom, meaning that there was 132.9 million people in Russia by 1900 meaning less food per person and combined with the exports of grain introduced by Vyshnegradsky this led to famine. The mir also meant that peasants were bound to work together. My teacher also loves the example of wooden ploughs, they are inefficiently and will obviously break very quickly. Peasants in russia still used the medieval crop rotation system. Could link the failings of the economy (famine in particular) to growing discontent and combined with the redemption payments the peasants will still paying (before 1905) led to a very unhappy class as whole.

I could go into a lot more detail, hopefully this helps you. I take it that you are sitting your AS history exam like me, good luck!!