The main reform that Alexander II was responsible for was the emancipation of the serfs in 1861. This led to subsidence agriculture, which meant that farmers could only produce enough to feed themselves or their family. This meant there was not going to be enough food for the rest of the population, which could lead to starvation and there will be no exports. However if the serfs wanted to be free they had to consenpate the new landowners and pay the redemptation taxes for 49 years. Their lives were regulated by the Mir, a commune system that collects …show more content…
The reform was under Finance Ministers Bunge and Vyshnegradsky. Alexander III wanted Russian Empire to change from Imperial Power ( land, army, church) to Great Power (Industrial Revolution, Urbanisation and more rights/freedom) but he didn't want rights and freedom. A land Bank was set up to encourage peasents to buy land and, also taxes on peasents were reduced to stimulate production. There was a drive to relocate peasents to Siberia to find more productive land, but it was very unlikely there will be any because of the very cold climate. There was a Foundation for more reform by Sergei Witte and attraction loans from Birtain and