This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: • Industrial profits and taxes became the primary sources of local prosperity • local officials misuse state procurement funds to invest in more profitable sectors, usually TVEs. • Officials owed a great amount of money to the peasants for “contracted purchases of grain.” – Illegal Taxation • Local officials also levied a variety of local taxes and fees on the countryside to support rapid township development....
View Full Document
This note was uploaded on 03/10/2011 for the course POLC 3020 taught by Professor Kim during the Fall '10 term at Tulane.
- Fall '10