Q. 174.6( 9 Votes )

Describe the econ

Answer :

At the beginning of the 20th century, about 85 per cent of the Russian population was agriculturist, which was much higher than other European countries.

Industry in Russia was developed in some pockets like St Petersburg and Moscow. Large factories existed alongside craft workshops. Many factories were set up in the l890s, The reason behind it was the extension of the railway network and the increase in foreign investment, Coal production doubled and iron and steel output quadrupled at that time. Most industries were owned by industrialists, but government supervised the wage scales and timing of large factories.


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