The reforms implemented by Russian Tsar Alexander II in 1861. This reform abolished the serfdom, and the serfs became free people, providing a large amount of free labor for the development of capitalism. The huge ransom accumulated a large amount of funds for the development of capitalism. Russia has since embarked on the path of capitalism development. The reforms in 1861 were a major turning point in Russian history. At the same time, the reforms in 1861 also retained a large number of feudal remnants, which had a negative impact on the subsequent development of Russian society.
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