Von Reutern's reforms Flashcards
Why was industrialization in Russia largely state-driven under Alexander II?
Russia lacked a middle class, so the state played a key role in driving industrial growth.
Who was Mikhail von Reutern, and what was his role in Russia’s economy?
He was Alexander II’s Minister of Finance (1862-1878) and introduced reforms to boost the economy and fund industrial growth.
What financial reforms did Von Reutern introduce?
The Treasury was reformed, and new tax collection systems were put in place.
What change did Von Reutern make to the tax system?
Tax farming was abolished, and indirect taxation was expanded.
How did Von Reutern promote trade?
Tariffs were reduced starting in 1863 to encourage trade.
What incentives did the government provide for railway development?
Government subsidies were offered to private entrepreneurs to help develop railways.
How did the government support the cotton industry?
State support was provided to develop the cotton industry, aiming to replace former American markets.
