Peeling Essays History

Point made (P) It could be argued that the attraction of foreign investment and exports demonstrates the success of some leaders, particularly the Tsars in improving the Russian economy.

Point explained (E) This investment lead to railway construction and the Trans-Siberian line. Witte resurrected Reutern's ideas, of encouraging foreign experts to come to Russia. Witte boosted available capital in industry, via the taking out of foreign loans, raising taxes and interest rates.

Point Evidence (E) Reutern's reforms was intrinsic in the construction of railways and there was a 7 fold increase in the amount of railway tracks from 3532 km in 1862 to 22,498 in 1878. Witte's reforms lead to the Great Spurts between 1893 and 1903.

Point Linked (L) The expansion of the railways further illustrate the importance of attracting foreign investment capital. Additionally the expansion gave a significant boost to the industrial section.

Moreover, Witte's attraction of foreign investment saw Russia begin to catch up with other industrialised nations by 1900, for example France was ousted into fourth place in word iron production.