Russia was unable to provide it in sufficient quantities and, hence, foreign investment was widely encouraged.
e) Finally, the common people of Russia (the ones that constituted the backbone of the labour force of the country) were largely uneducated (in 1914 only 10% of the population was literate), often mistrustful and suspicious of the rules, and hence, generally unproductive.
Russia never lacked potential, but it often ran out of time; and the late tsarist period was a good example of it.
After the overthrow of monarchy during the February Revolution of 1917Russia was declared to be a republic by the Provisional Government.
The capital of Imperial Russia was Saint Petersburg.
While subsequent rulers kept this title, the ruler of Russia was commonly known as Tsar or Tsaritsa until the fall of the Empire during the February Revolution of 1917.