Impact
of Serfdom Abolition in Russia
Major
reforms swept across Europe during early
1800s. Southern European kingdoms saw the need to abolish staunch policies that
hindered economic development. However, the leadership of Russian federation leadership
lagged behind in the introduction of great reforms. As a result, many citizens
languished in poverty because a few elites controlled the economy. This
prompted Tzar Alexander
to issue a decree of initiation of the ‘Great Reforms’ (Field Daniel 196).
Abolition of serfdom was one of the first to be implemented. It resulted in
radical changes and transformation of lives of peasants that formed a majority
of the population.
Abolition
of serfdom resulted in a positive effect in the country’s agricultural
productivity. The living standards of ordinary citizens and peasants improved
tremendously within a short period of time. Besides, Russia saw a growth in its
industrial development. Many Russians realized the extent at which serfdom had
slowed the country’s economic development for years. In fact, most experts
argue that Russia ’s
agricultural and industrial sectors would be booming if serfdom was abolished
during early 19th century. Projections indicate that the Russian
economy would have doubled by 1910.
Provision
of incentives to former serfs is one of the most probable mechanisms which
serfdom abolition impacted on agricultural productivity in a Russian society.
Immediately after emancipation, many Russians that once served as serfs
invested the incentives in their family development and the future of their
children. On the other hand, peasants embraced their status as full owners of
human capital and labor. They shifted their attention to joining a league of
small-scale entrepreneurs across Europe . Most
importantly, the government provided better incentives to its citizens for
investment in the available resources. The number of cattle owned by each Russia
adult doubled because of the abolition. Therefore, it is hard to downplay the
transformation that resulted from scrapping off serfdom rules and regulations.
Works
Cited
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