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Itâs clear that Russia is now suffering from ill winds. The country largely avoided the punishment that most of Europe has endured since the 2008 crash and austerity is an unknown concept to the youth. If the rouble doesnât recover soon and if sanctions are made permanent there will be even more serious costs for the Russian people.
In 1900 the Russia Empire covered nearly 23 million square kilometres. Only a quarter of it was in Europe and the rest in Asia.The majority of the 128 million population were Slavs, but there were over 200 different nationalities.t 1900 it was estimated that there were about 1.8 million members of the nobility in Russia. Around 85 per cent of the Russian people lived in the countryside and earned their living from agriculture. Russian peasants had been serfs until the passing of the Emancipation Act in 1861.