Economic and social developments (Edexcel A-Level History): Flashcards

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Economic and social developments
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When did Alexander II invite John Hughes to Russia?

1868

Railway miles increase 1866-1881

From 3,000 to 13,270 miles

Capital for New Russia Company Limited

£300,000 from British shareholders

Year Hughes sailed to Russia

1870

Number of workers accompanying Hughes to Russia

100 (mostly Welsh ironworkers and miners)

Name of settlement built by John Hughes

Yuzovka (Hughesovka)

Current name of Hughesovka (renamed 1961)

Donetsk

Sergei Witte birth year and location

1849, Georgia

Year Witte was dismissed from his post

1903

Year Russia adopted gold standard for rouble

1897

Foreign capital in Russian joint-stock companies by 1900

About one third (1/3)

Industrial growth rate during 1890s spurt

Nine percent (9%)

Year of international recession that stopped expansion

1899

% of budget spent on foreign debt service by 1900

20% (10x more than education spending)

State control of railways by 1899

70%

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