How Successful Were The Russian Governments In Promoting Economic Change And Modernisation Between 1881 and 1904? When Alexander III came into power, he made sure that industrialization was at the forefront of his plans. So under Vyshnedgradsky and Witte, various measures were imposed to help kick start industrialization, which led to significant economic change The improved transport system, which resulted from government investment in infrastructure like the railways, helped to vastly improve Russia’s economic situation. This is evident through the clear positive correlation between railway improvements and increases in Russia’s industrial output. The length of railway tracks in Russia increased form 31219 miles in 1891 to 58392 miles by 1904.
It was easier and quicker to be able to talk to other people or meet up with family. So overall new railroads did really help people socially. The next reason why the developments in transportation brought about social and economic change in the United States was because of all the different types of transportation. One of the new types of transportation throughout this time period were the steamboats invented by Robert Fulton. The steamboats really helped with trading goods with other countries.
Conversely, the higher-value rouble helped increase the prices of goods. Witte's main method for raising the capital and modernisation would be the Trans-Siberian Railway, which from 1881 to 1900 increased from 13,000 to 33,000 miles. It was hoped it would encourage east to West migration of workers, to feed in to industry, however this did not happen. Instead, it helped growth and exports of Russia by making transportation of materials far easier. On the other hand, the growth in population compared with national output shows less production per head, and therefore less efficient production.
From the time period of 1870 to 1900 the growth of big businesses in the United States had a major impact on the economy, politics, and the response of Americans of Americans to these changes. These businesses grew significantly in number, size, and influence and had an ever-lasting effect on Americans and their surrounding community. Industry and its new technologies have had an amazing impact on reducing the costs of the goods necessary to life, such as food prices, fuel and lighting prices, and the cost of living (Document A). The standard of living of most Americans should have increased, as more wages would be left over to spend on luxuries. Aware of the extra-money available to working families, the different pieces of a Big Business have acted in such a way to suck that extra-money from the poor families.
Witte believed that the construction of this railway was crucial to the economic growth of Russia, because it would make it possible to take advantage of the economic potential of Siberia. Witte hoped that the expansion of the railway would encourage the migrations of workers from the East to the West, but this didn’t happen. Instead, it improved communications and increased the amount of exports Russia made by making transportation of materials easier and faster. However, the growth in population was much larger than the national output, indicating less production per person, therefore production in Russia wasn’t very efficient. In addition, the railway cost the country a lot of money and a lot of time to build, so it can be argued that the railway was not even worth building in the first place as that money could have gone to other important industrial plans or improving conditions for workers.
Stalin’s five year plans did improve the Russian economy due to heavy industry increased the production of steel, iron, oil and coal. However, the five year plan was unsuccessful in terms of consumer goods and labour productivity. Additionally, the plans did not fully succeed in fulfilling Stalin’s targets for war preparation. Heavy industry was successful in improving the economy primarily due to the first three five year plans. Evidently, Industries like coal steel and iron grew enormously.
Since its declared independence in the late 1700s, the United States has become one of the most industrialized nations in the world. This was caused by major changes that occurred in society between 1890 and 1920. Social changes included the spike in gangs and tenements, along with changes in the role of African Americans Political reform also took place as a result of social change. Along with social and political change came economic change, which took the shape of legislation such as the Anti Trust laws, which increased exports in the United States between 1870 and 1920. Industrialization also caused an increase in urbanization.
At this point in time, roads got improved and underwent repair on a larger extent; the production of railways skyrocketed in the German States. The expansion of railways increased industrialization and provided many raw materials, which could only be accessed to industries from far sources. Just like Zollverein, this made connections with one another (the German States) easier and promoted freedom, independence and prosperity. Germans began to see unity in factors other than language.
The industrial revolution has helped the nation and economy grown so much over the time but we know, nothing is perfect. With large factories come environmental hazards and with large buildings come migration issues for all animals. Over the years, we have learned that maybe we took too much too fast. The importance of the industrial revolution is endless. But looking back on it today, the world seems to be at a much quicker less wasteful speed.
In recent years, the Russian economy took a devastating hit during the global economic crisis from 2008 to 2009. They took a hit because oil prices decreased tremendously, which are one of Russia’s biggest exports and largest resource. Fortunately, the economic disaster was fixed World Bank, which led to high oil prices and the growth of the Russian economy. Moreover, Russia has gone on to reduce unemployment and has lowered inflation rates. It has also joined the World Trade Organization, which helps to reduce trade barriers for foreign goods and services, which will help to build allies in the future.