Motives for Russian Industrialisation

Motives

• Military was important
• Financial: industry could develop behind high tariff barriers
• Intiative take by state Government support e.g. guaranteed profits and subsides
• Had plentiful, cheap labour in Russia with weak labour organisations
• Railways had been developed which boosted industries e.g. Iron and Steel
• Industrialisation would lead to increased production, growth rate and raise Russia's status

Possible Objections

• Dependent on European money, with restricted diplomatic options as tied to France
• Caused Heavy taxation on peasants as needed confidence of foreign investors

Advantages in Economic Development

• 1850s: Growth in…