Heavy industry required a lot of investment, but the results were slow. Generally speaking, private investors were not willing to invest in this industry.
The heavy industries of the other European powers had only reached this scale after many years of development. Moreover, many heavy industries that were related to the national economy and the people's livelihood were in the hands of the state.
It was the same for the Russian Empire. If they wanted to increase investment in heavy industry, they could only rely on the country.
Next, the country would increase investment in the fields of metals, machinery, chemicals, shipbuilding, and so on. They would strive to allow the heavy industry of the Russian Empire to develop rapidly.
Especially when the Russian Empire implemented large-scale infrastructure construction, it would greatly stimulate industrial development. At this time, it would undoubtedly greatly improve the industry of the Russian Empire.
As for the light industry, it would be best if private capital was responsible for investment.
It just so happened that a large number of landowners 'land had been forcibly purchased by the Imperial Government. The remaining money in their hands had no investment direction, so they could invest it in this aspect.
In this way, not only could it speed up the industrial development of the Russian Empire, but it would also give these landowners a new investment direction. They would not have to keep staring at the land. It was killing two birds with one stone.
Mihail hoped that the heavy and light industries of the Russian Empire could be developed. He hoped that they could not be like Bur in another time and space, which was top-heavy and light-footed. The heavy industry was extremely developed, especially in the military field. It could be said to be world-class. However, because the light industry was very backward, the living needs of the common people could not be met. In that case, the country's collapse would be inevitable.
After Mihail made his request, the Empire's Ministry of Transportation and the Ministry of Industry and Commerce were busy.
Of course, Ivangolymekin, the Minister of Finance, frowned even more.
Whether it was large-scale industrial construction or infrastructure construction, it would require a lot of money!
The Ministry of Finance naturally had to pay for this.
Even if the Ministry of Finance had received a large sum of money from the Ministry of Supervision, they would still not be able to withstand it!
Fortunately, His Majesty the Tsar had already agreed to use the royal family's assets to cover the cost. Otherwise, the finances of the Russian Empire would have collapsed!
The Russian Empire implemented a large-scale agricultural reform throughout the country, and large-scale transportation and industrial construction caused a great uproar in the entire country.
Especially the agricultural reform, because it concerned the livelihood of the vast majority of people, it attracted even more attention.
The serfs could hardly believe that such a good thing could happen.
He could get a lot of land without spending a single cent. Although they could not trade their own land, as long as they handed over a small portion of the harvest, the rest would be theirs.
In fact, Michael had stipulated that land could not be transferred privately, precisely to protect these serfs.
Otherwise, how could they possibly win against those landowners? If not for this ban, it would not have taken long for their land to be taken back by the landowners.
Of course, many serfs were also worried that, like the land redemption policy implemented by the Russian Empire decades ago, not only did it not help them, but it also made them bear a heavy burden.
Fortunately, the Tsar and the government of the Imperium were serious this time.
Even the land that belonged to the royal family and the imperial government was given to the serfs.
Those landowners were naturally extremely unwilling.
The land was the capital for them to settle down and survive. It could be passed down forever. If it was possible, they would not be willing to sell it.
Besides, the government of the Imperium had bought the land at half the market price.
Moreover, the government of the empire had to pay in installments over ten years. This was simply daylight robbery.
There were many landowners who opposed the sale.
However, it was quickly suppressed.
The Ministry of Internal Affairs had been searching for the Bolsheviks.
After Michael succeeded to the throne and became the new Tsar, he clearly blamed the death of the former Tsar Nicholas II on the Bolsheviks. Coupled with the efforts of propaganda organizations at all levels, the Bolsheviks were like street rats in Russia, hated by everyone.
These landowners who refused to sell their land were all accused of colluding with the Bolsheviks.
Therefore, what awaited them was the arrival of the Ministry of Internal Affairs and their imprisonment. Their property and land were naturally confiscated.
As a large number of landowners who dared to resist were arrested, their property and land were confiscated.
The other landowners were not fools and knew what was going on.
They knew very well that if they continued to resist, they would not end well either. They could only cooperate with the Imperium's agricultural reform.
This made the landowners gnash their teeth in hatred. However, countless serfs who had been allocated land had actually received tangible benefits and benefits.
They naturally loved the Tsar immensely.
For a moment, the support and influence of Michael in the Russian Empire could be compared to that of God.
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