Zhytomyr National Agroecological University (Zhytomyr, Ukraine)
Jagiellonian University in Krakow (Poland)
The purpose of this study was to investigate the role of rural entrepreneurship
in Right-Bank Ukraine as an important factor in accelerating the socioeconomic
modernization of 1861–1914.
Under the influence of the reforms of the 1860’s and 1870’s, especially the
abolition of serfdom and Stolypin agrarian reform, rural entrepreneurs in the
Kyiv, Podillia, and Volyn provinces increased the output of rural production employing
the natural climatic conditions of the region, land resources, minerals,
wood, entrepreneurial income, and capital. The regional basis of the economic
development was enterprising landowners and wealthy peasants who applied the
most profitable types of economic activity, such as growing grain crops, sugar
beets, potatoes, hops, and processing them at their enterprises as close to raw
materials as possible. The most profitable industries were sugar, distillery, and
flour production. In the late 1800’s, sugar production accounted for more than
half of the total factory production. The region, which included Kyiv, Podillya,
and Volyn, became one of the leaders in producing and exporting sugar to foreign
markets. Families of Tereshchenkos, Khanenkos, Symyrenkos, Bobrynskies,
Pototskies, Branytskies, Balashovs, Sangushkos, Brodskies, Yaroshynskies, and
many other represented multi-field business activities. Integration of Poles, Jews,
Germans, and Czechs into a system of economic relations with governorates of
the Right bank territories had positively influenced the future development of agriculture,
industry, trade, and business.
Keywords: entrepreneurship, modernization, agriculture, industry, profit.