What Happens if We Get in a War Like Japan and Lose?

Russia still did not have the financial resources, the material capital or the labor force necessary to compete with the likes of britain and germany and france. In 18 61, the industrial labor force was only about 750 thousand people. By the time alexander the third was ascending, it was on its way to being million and a half or so. You started seeing financial institutions and joint stock companies forming to pool resources and fund projects. Large factories started sprouting up in moscow and saint petersburg and kief,. mining operations in the ural mountains, and the exploration and exploitation of the baku oil fields expanded.