Witte made it easier for foreigners to invest in Russian Industrial Ventures; he also borrowed to fund public works and infrastructures such as new railways, telegraph lines and electrical plants. Witte's help helped the Russians improve really quickly, in just a span of twenty years (1880-1900) he made half of Russia's heavy industry to be owned. With the railway's system, he made they were able to transport into remote parts of the empire, which helped with the construction and operation of factories, mines, dams and other projects. The development was so rapid that the historian Alexander Gerschenkron nicknamed it "the great
Witte made it easier for foreigners to invest in Russian Industrial Ventures; he also borrowed to fund public works and infrastructures such as new railways, telegraph lines and electrical plants. Witte's help helped the Russians improve really quickly, in just a span of twenty years (1880-1900) he made half of Russia's heavy industry to be owned. With the railway's system, he made they were able to transport into remote parts of the empire, which helped with the construction and operation of factories, mines, dams and other projects. The development was so rapid that the historian Alexander Gerschenkron nicknamed it "the great