Answered

What formed the basis of Russia's economy in the early 1900s?

A. Farming
B. Steel
C. Mining
D. Textiles



Answer :

Final answer:

Russia's economy in the early 1900s was driven by industrialization in sectors such as metallurgy, machinery, textiles, and chemicals, with significant government investments in railways and foreign capital inflow.


Explanation:

Russia's economy in the early 1900s was primarily based on industrialization, with key sectors including metallurgy, machinery, armaments, textiles, metal-processing, chemicals, coal, iron, chemicals, and oil. The government heavily invested in economic development, especially in railways, which significantly contributed to industrial growth. Foreign capital also played a significant role in funding various industries in Russia during this period.


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