The Russian Empire on the eve of the world economic crisis of 1900-1903

The article offers a fascinating look at one of the most difficult periods in Russian history: the economic crisis of the early 20th century. Analyzing the events of 1900-1903, the authors reveal the complex factors underlying this crisis: from falling commodity prices to military conflicts and internal social upheavals. By revealing the impact of the lives of ordinary citizens and the luxurious lifestyles of the elite, the article offers a unique perspective on the contradictions that grew in the country and subsequently led to significant social and political changes. But that was not enough; the article also analyzes the events that prolonged the crisis until 1909, including the Russo-Japanese War and the revolution of 1905-1907, and highlights their impact on economic instability. Special attention is paid to the economic situation of Azerbaijan in the Russian Empire at the beginning of the 20th century and its role in the context of the general economic crisis is explored.