Question

explain the type pf economy that prevailed in russia during the begining of the 20 th century

Answer 1

In the beginning of the 20th century, a vast majority of the Russian population were agriculturists. About 85 percent of the population in Russia was dependent on agriculture for their livelihood.

2.Industry existed in pockets in Russia. St. Peters berg and Moscow were prominent industrial areas.Much of the production was undertaken by the craftsmen.

3.Many factories grew up in Russia with the expansion of the railway networks and a increase in foreign investment in the industrial sector. Industries were mainly under private ownership.

4.Government only supervised large factories to ensure minimum wages and to fix the hours of work for the labourers. There was a strong unity among the factory workers who sometimes resorted to strike.

5.The Russian society was divided into privileged and non- privileged class. The crown, the Church and the nobility were the privileged class who owne
d large properties. The peasants led miserable lives. They cultivated most of the land in the countryside. They had to pay heavy rents to the landlords who exploited them severely.They frequently revolted against the nobles.

Answer 2

Answer:

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