Economy 1855-1964

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11 Terms

1
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Reutern statistics

industrial output doubled

railway increased 7 fold

2
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Witte statistics

coal production doubled

steel and iron production increased 7 fold

increased income from industry 42-161 million roubles 1893-97

3
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Witte / Great Spurt

alexander iii and nicholas ii

gold standard 1897

nationalisation of industry

neglected agriculture

improvements in production stats

continued railway expansion

encouraged foreign expertise

4
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Reutern

alexander ii

encouraged foreign investment

foreign expertise (jj hughes, ludwig loop, nobel brothers)

secured investment in russian industry

increased industrial production

tans-siberian railway expansion

5
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NEP

lenin (1921-28)

free enterprise / market

peasants could sell surplus grain

privatisation of lighter industry

continued nationalisation of heavy industry

revalued rouble

increased industrial output

6
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War Communism

lenin (1917-21)

grain requisitioning

nationalisation of industry

militarisation of labour

7
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Bunge

alexander iii

Abolition of salt tax 1881

abolition of poll tax 1886

peasant land bank 1883

state ownership of railways

8
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Vyshnegradsky

alexander iii

Mendeleev tariff 1891

seen as cause of 1891 famine

continued grain exports

9
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Stalin

5 year plans

Great Break / Turn

quotas

unrealistic plans, managers lied about stats

rapid urbanisation

collectivisation (1941 = 98% on collective farms)

grain requisitioning

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Khrushchev

continued 5 yr plans

7 yr plan

virgin lands scheme (1964 = 165 million acres for production)

abolished MTS

prioritising consumer goods / light industry

11
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Lenin

civil war inflation - 1920 rouble = 1% of 1917

NEP

War communism

state capitalism

introduction of SEC (supreme economic council) to manage industries