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Economical History of Russia
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Economical History of Russia From 1 Czar presence
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However, the economy was weak, hobbled by corruption and poor management. Exports were being reduced and imports increased. Grain production stagnated. Inflation was high, which reduced real incomes dramatically. Food shortages become rampant, especially in Petrograd. The outbreak of war exacerbated all of these problems, and the high death toll demoralized the country. The economy all but collapsed, and with it went the Tsar and the Russian Empire
The economic chaos that ushered in the Soviet Union met the Russian people on the way out of the Soviet Union as well. Despite the problems in the 1990s, ranging from massive unemployment to currency collapse, the Russian economy today is showing signs of improvement, modernization and stability......
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