| Today it is a
widely accepted fact that from the moment Finland became a part of Russia, fertile
conditions for economic growth were created in the country. In granting autonomy, the
tsarist government was forced to meet the demands of the local bourgeoisie and assist in
reviving economic life, primarily the development of industry and trade in the Great
Principality. Under the influence of these
beneficial factors, a visible revival could be noted in several branches of Finnish
industry during the first half of the 19th century. This growth was reflected not only in
a quantitative increase in the number of industrial enterprises in these areas, but also
in the industrial revolution now underway.
The law of 1879 on trades did away with the remnants of the guild system and declared
complete freedom of industrial and trade activity for all citizens of Finland.
All of these circumstances conditioned the completion in
Finland of an industrial revolution during the second half of the 19th century, as well as
a considerably rapid development of large capitalist industry.
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