Which of the following statements concerning the capitalization of Russian industry is most accurate?
A) Capital for Russian investment was almost entirely derived from liquidation of agricultural estates in Russia.
B) By 1900 approximately half of Russian industry was foreign-owned by British, German, and French industrialists.
C) It was the contact with the Japanese that led to an influx of capital for Russian industrialization.
D) Russian industry was capitalized by a substantial middle class that had built up wealth in the grain trade with the West.
Correct Answer:
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