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Economy Of The Russian Empire After The Abolition Of Serfdom
In the second half of the nineteenth century, it became clear that the preservation of the power and political influence of the Russian Empire is impossible without reform and transformation of the entire political system. Among the economic prerequisites, it should be noted the crisis of the landlord economy, the poverty of the peasants, the low purchasing power of the population, from which the underdevelopment of the domestic market ensued. Serfdom held back the development of the wage labor market and created a shortage of labor for industry. Therefore, the reign of Alexander II became a period of fundamental transformations of Russian society. Abolition of serfdom In February 1861, Emperor Alexander II signed the Emancipation reform of 1861 and the Manifesto. Both documents were distributed in 45 provinces. The development of small business was restrained by the existence of serfdom. Thus, new opportunities for entrepreneurs were opened only after the abolition of serfd ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Empire
The Russian Empire was an empire and the final period of the Russian monarchy from 1721 to 1917, ruling across large parts of Eurasia. It succeeded the Tsardom of Russia following the Treaty of Nystad, which ended the Great Northern War. The rise of the Russian Empire coincided with the decline of neighbouring rival powers: the Swedish Empire, the Polish–Lithuanian Commonwealth, Qajar Iran, the Ottoman Empire, and Qing China. It also held colonies in North America between 1799 and 1867. Covering an area of approximately , it remains the third-largest empire in history, surpassed only by the British Empire and the Mongol Empire; it ruled over a population of 125.6 million people per the 1897 Russian census, which was the only census carried out during the entire imperial period. Owing to its geographic extent across three continents at its peak, it featured great ethnic, linguistic, religious, and economic diversity. From the 10th–17th centuries, the land ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Living Wage
A living wage is defined as the minimum income necessary for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity. Needs are defined to include food, housing, and other essential needs such as clothing. The goal of a living wage is to allow a worker to afford a basic but decent standard of living through employment without government subsidies. Due to the flexible nature of the term "needs", there is not one universally accepted measure of what a living wage is and as such it varies by location and household type. A related concept is that of a family wage – one sufficient to not only support oneself, but also to raise a family. The living wage differs from the minimum wage in that the latter can fail to meet the requirements for a basic quality of life which leaves the worker to rely on government programs for additional income. Livi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Labor
The free-produce movement was an international boycott of goods produced by slave labor. It was used by the abolitionist movement as a non-violent way for individuals, including the disenfranchised, to fight slavery. In this context, ''free'' signifies "not enslaved" (i.e. "having the legal and political rights of a citizen"). It does not mean " without cost". Similarly, "produce" does not mean just fruits and vegetables, but a wide variety of products made by slaves, including clothing, dry goods, shoes, soaps, ice cream, and candy. 1700s The concept originated among members of the Religious Society of Friends (Quakers), in the late 18th century. Quakers believed in pacifism and in the spiritual equality of all humankind. Quakers opposed slavery, and by about 1790 had eliminated slaveholding from among their membership. Radical Quakers such as Anthony Benezet and John Woolman went further, voicing their opinion that purchasers of slave-derived goods were guilty of keeping the i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feudal
Feudalism, also known as the feudal system, was the combination of the legal, economic, military, cultural and political customs that flourished in Middle Ages, medieval Europe between the 9th and 15th centuries. Broadly defined, it was a way of structuring society around relationships that were derived from the holding of land in exchange for service or labour. Although it is derived from the Latin word ''feodum'' or ''feudum'' (fief), which was used during the Medieval period, the term ''feudalism'' and the system which it describes were not conceived of as a formal political system by the people who lived during the Middle Ages. The classic definition, by François Louis Ganshof (1944),François Louis Ganshof (1944). ''Qu'est-ce que la féodalité''. Translated into English by Philip Grierson as ''Feudalism'', with a foreword by F. M. Stenton, 1st ed.: New York and London, 1952; 2nd ed: 1961; 3rd ed.: 1976. describes a set of reciprocal legal and Medieval warfare, military ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bourgeois
The bourgeoisie ( , ) is a social class, equivalent to the middle or upper middle class. They are distinguished from, and traditionally contrasted with, the proletariat by their affluence, and their great cultural and financial capital. They are sometimes divided into a petty (), middle (), large (), upper (), and ancient () bourgeoisie and collectively designated as "the bourgeoisie". The bourgeoisie in its original sense is intimately linked to the existence of cities, recognized as such by their urban charters (e.g., municipal charters, town privileges, German town law), so there was no bourgeoisie apart from the citizenry of the cities. Rural peasants came under a different legal system. In Marxist philosophy, the bourgeoisie is the social class that came to own the means of production during modern industrialization and whose societal concerns are the value of property and the preservation of capital to ensure the perpetuation of their economic supremacy in society. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for Profit (economics), profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, Property rights (economics), property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in Capital market, capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''Laissez-faire capitalism, laissez-faire'' or free-market capitalism, anarcho-capitalism, state capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nobility
Nobility is a social class found in many societies that have an aristocracy (class), aristocracy. It is normally ranked immediately below Royal family, royalty. Nobility has often been an Estates of the realm, estate of the realm with many exclusive functions and characteristics. The characteristics associated with nobility may constitute substantial advantages over or relative to non-nobles or simply formal functions (e.g., Order of precedence, precedence), and vary by country and by era. Membership in the nobility, including rights and responsibilities, is typically Hereditary title, hereditary and Patrilinearity, patrilineal. Membership in the nobility has historically been granted by a monarch or government, and acquisition of sufficient power, wealth, ownerships, or royal favour has occasionally enabled commoners to ascend into the nobility. There are often a variety of ranks within the noble class. Legal recognition of nobility has been much more common in monarchies, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agrarian Reform
Agrarian reform can refer either, narrowly, to government-initiated or government-backed redistribution of agricultural land (see land reform) or, broadly, to an overall redirection of the agrarian system of the country, which often includes land reform measures. Agrarian reform can include credit measures, training, extension, land consolidations, etc. The World Bank evaluates agrarian reform using five dimensions: (1) stocks and market liberalization, (2) land reform (including the development of land markets), (3) agro-processing and input supply channels, (4) urban finance, (5) market institutions. The United Nations thesaurus sees agrarian reform as a component of agricultural economics and policy, with a specific impact on rural sociology, and broader than land reform, describing agrarian reform as:Reforms covering all aspects of agrarian institutions, including land reform, production and supporting services structure, public administration in rural areas, rural social welfare ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prussia
Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by an Allied decree in 1947. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, Berlin, decisively shaped the history of Germany. In 1871, Prussian Minister-President Otto von Bismarck united most German principalities into the German Empire under his leadership, although this was considered to be a "Lesser Germany" because Austria and Switzerland were not included. In November 1918, the monarchies were abolished and the nobility lost its political power during the Ger ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of the H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Serf
Serfdom was the status of many peasants under feudalism, specifically relating to manorialism, and similar systems. It was a condition of debt bondage and indentured servitude with similarities to and differences from slavery, which developed during the Late Antiquity and Early Middle Ages in Europe and lasted in some countries until the mid-19th century. Unlike slaves, serfs could not be bought, sold, or traded individually though they could, depending on the area, be sold together with land. The kholops in Russia, by contrast, could be traded like regular slaves, could be abused with no rights over their own bodies, could not leave the land they were bound to, and could marry only with their lord's permission. Serfs who occupied a plot of land were required to work for the lord of the manor who owned that land. In return, they were entitled to protection, justice, and the right to cultivate certain fields within the manor to maintain their own subsistence. Serfs were often r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redemption Value
Redemption value is the price at which the issuing company may choose to repurchase a security before its maturity date. A bond is purchased "at a discount" if its redemption value exceeds its purchase price. It is purchased "at a premium" if its purchase price exceeds its redemption value. Thus, the right will only be exercised at a discount. sec.gov See: ; ; |
