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Sergei Witte - Coggle Diagram
Sergei Witte
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Railways
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stimulate demand for iron, steel, coal and other industries
by end of 1890s, 60% of all iron and steel was consumed by railways
3000 miles of track in 1866, 43,850 miles in 1913
Limitations
emphasis on heavy industry meant that light industry, such as textiles was neglected
smaller, sophisticated machine tool and electrical industries that would have reduced the need for imports and helped modernise manufacturing neglected.
neglected agriculture, which suffered from underinvestment
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Examples of growth
between 1890 and 1900, production of iron and steel risen from 9 to 76 mil poods a year
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Moscow was the fastest growing city east of New York by turn of the century, and one of 10 biggest cities in the world