The Industrialization of Russia refers to the period in late 19th century when there was rapid growth in industry and changes in technology, largely due to policies implemented by Sergei Witte.
Trans-Siberian Railway: A network of railways connecting Moscow with Far East region built during Witte’s tenure as finance minister. It played a significant role in industrializing Russia.
Capitalism: An economic system characterized by private or corporate ownership where goods are produced for profit. This system became more prevalent during this period.
Urbanization: The process by which towns and cities are formed and grow due to people moving from rural areas. This was a significant effect of industrialization.
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