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RE: LeoThread 2024-11-23 13:58

in LeoFinance5 days ago

Part 6/11:

A famine in 1891 illustrated the fragility of Russia's agricultural society. The government recognized the need for industrial growth and facilitated the establishment of factories. However, due to monopolistic practices and a lack of competition, productivity suffered. With state investments focused on maintaining the political support of elites, the economy stagnated rather than innovated. Education systems were also underdeveloped, leaving the workforce unqualified.

Chapter 5: Communist Russia - The Communist Revolution (1917-1928)