Economic growth under the Tsars Flashcards
1
Q
who was the minister of finance from 1862-1878 ?
A
Mikhail Von Reuton
2
Q
How was the Treasury reformed ?
A
New arrangements for collecting taxes and publishing budgets
3
Q
How was the Tax system reformed ?
A
-Tax farming was abolished
-tax system to include more indirect taxation
4
Q
When was the State Bank created ?
A
1860
5
Q
When was the Municipal Bank created ?
A
1862
6
Q
When was the savings bank created ?
A
1869
7
Q
Were trade import duties reduced in order to promote trade ?
A
Yes
8
Q
What did Government subsides enable ?
A
-private entrepreneurs to develop railways
9
Q
What did grain exports increase by ?
A
18%
10
Q
When by was the Russian budget in surplus ?
A
1892
