Economy

Individual businesses allowed to purchase villages

1721

21 factories

1682

Further further coinage debasement

1723

Merchant expedition to Livorno, Italy

1717

Soul tax comes into effect

1724

Items/services that were taxed

• weddings

• horse collars

• beards

• Russian dress

Net importer of iron

1700

How many factories were state-owned by 1682?

4

Foreign trade open to private enterprise

1716

Churches' tax privileges stripped

1707

1mn. roubles collected from monastic taxation

1710

Debasement of coinage of 4.4 mn roubles

1698

Further coinage debasement

1704

Only tobacco and salt monopolies remained

1719

Beard tax

1698

Farming methods used which were inefficient

• strip farming

• 3 field system

Net exporter of iron

1716

Ratusha established, replacing 13 Prikazhy

1699

Free internal trade

1711

Free trade for iron mining and refining

1719

How much was collected from the soul tax?

8.5 mn. roubles

Peter attempted to replace sickle with the scythe but rejected

1720

20 roubles of copper coins were struck from every _ roubles (1704 debasement)

6-8