Historical, Philosophical, Political and Law Sciences, Culturology and Study of Art. Issues of Theory and Practice. Tambov: Gramota, 2013. № 8. Part 1. P. 171-175.
OIL INDUSTRY DEVELOPMENT IN AZERBAIJAN AT THE BEGINNING OF THE ХХ TH CENTURY
Rustamova Dzhamilya Yashar kyzy
Baku State University, Azerbaijan
Abstract. The author considers the problems of oil industry development in Azerbaijan at the beginning of the ХХ th century, shows that the increase in oil production from the second half of the ХIХ th century in a short period turned Baku into one of the major industrial centers of the empire, reveals that the penetration of foreign capital in the oil sector weakened the positions of the Azerbaijan bourgeoisie, and basing on the research comes to the conclusion that the world economic crisis of 1900-1903, the revolution of 1905-1907 seriously affected the position of oil industry in Azerbaijan.
Key words and phrases: нефтяная промышленность, иностранный капитал, национальная буржуазия, монополии, предпринимательские организации, oil industry, foreign capital, national bourgeoisie, monopoly, entrepreneurial organizations
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