What were the effects of rapid industrialisation in Russia

The effects of rapid industrialisation in Russia are: Rapid influx of population in the cities of Russia, lack of venture capitalists, low labor productivity, The domestic markets were overwhelmed because of mostly poor population.

Explanation:

The economy of Russian had an increase between the years 1890 and  1910, due to exports of natural resources and the expansion of the Trans-Siberian Railway. This railways expansion helped to increase the output of coal in southern Russian.

The effects, this rapid industrialization brought included the influx of populations in the cities of Russian and this cities were unable to accommodate the growing population. for instance the workers in this cities faced low standard of living because of little wage and long hours at work.

There were also little technological advancement because of the past history of serfdom in Russia. hence Russia relied on other countries for machinery.

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