Stolypin wanted to reform agriculture in order to modernise Russia and make it more competitive with other European powers.
He hoped that reorganising the land would increase support for the Tsar among unskilled farmhands. This would reduce the threat of the Social Revolutionaries.
Stolypin believed the key to success was to increase the number of peasant landowners or Kulaks. Stolypin believed that they would be supporters of the Tsar.
Redemption Payments (loans from the state) were abolished. Loans for peasants to buy land became available with the introduction of Peasants' Land Banks.
Mirs (communities of peasant farmers) could no longer stop individuals from leaving to buy private land. Mirs that did not cooperate were to be dissolved. Peasants were also given financial incentives to move to remote areas of Siberia in an attempt to open up the countryside.
Agricultural output increased by a third, while peasant land ownership increased by 30 per cent. The number of Kulaks increased dramatically and they were increasingly supportive of the Tsar.
However, Stolypin faced opposition from Conservative groups who opposed his plans. Furthermore his assassination in 1911 and the outbreak of the Great War in 1914 meant that his reforms did not receive the time he believed they needed to succeed.
It was hoped that agrarian reform would reduce demand for labour in the countryside, hence increasing urbanisation as people flooded into the towns and cities looking for work.
Heavy industry increased considerably. The production of iron and steel rose by 50 per cent and by the outbreak of World War One, Russia was the fourth largest producer of steel, coal and iron.
The formation of trade unions had been made legal in 1905. In 1912, safety inspectors were introduced into factories. Workers began to benefit from employee insurance schemes which provided protection against accidents and illness.
However, a strike at the Lena gold fields in 1912 emphasised that there was still a great deal of discontent. Hundreds of the protesters were killed by army and police. It was clear that opposition to the Tsarist state was again on the increase.