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The economy was largely
agrarian, with serfdom being commonplace, and this being the replacement in the early
19th century for slavery. The disparity of wealth was high. As other European nations
were entering the Industrial Revolution, Tsarist Russia was barely throwing off the
shackles of serfdom, in 1861.
However, they only replaced on set of economic shackles with another. The serfs were
forced to pay heavy taxes to their former landowners for what was often marginal land.
The result of this policy was the perpetuation of economic stagnation and vast income
disparity. It was not until the later part of the 19th century that Russia began to move into
the Industrial Revolution...
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