Alexander II- Financial/economic reform Flashcards
1
Q
What was the issue pre-reform economically?
A
-Lack of foreign investment.
-Lack of a functioning railway system
2
Q
How many miles of railway built?
A
almost fourteen thousand
3
Q
What cushioned Russia against the European economic depression?
A
-A significant boost to the industrial sector.
4
Q
What was the issue economically for Alexander II?
A
-He was reluctant to engage in industrialisation.
5
Q
Who was Reutern?
A
Minister of Finance between 1862-78
6
Q
What was tax farming and what did Reutern do to combat this?
A
-companies buying the right to collect taxes.
-Abolished.
7
Q
What impact did Reutern have on the treasuries/
A
-budgeting and auditing systems were established.