CONSIDERATIONS REGARDING THE MANAGING SYSTEM OF THE POPULAR BANKS FROM OLTENIA IN THE FIRST HALF OF THE 20TH CENTURY
CONSIDERATIONS REGARDING THE MANAGING SYSTEM OF THE POPULAR BANKS FROM OLTENIA IN THE FIRST HALF OF THE 20TH CENTURY

Summary/Abstract: In a society with a preponderantly agrarian population and economy,such was the Romanian world at the beginning of the 20th century, theinvolvement of the primary-school teachers, the priests, the great and middlelandlords in the processes of initiation, organization and leadership of thepopular banks came naturally. Surprisingly, as confronting to the events and tothe modalities in which the credit systems from the developed industrialsocieties had been built, was the presence of the wealthy peasants in suchactivities. The active involvement of some wealthy peasants groups, identified inthe economic literature of that time, usually with the names of foremost peopleor landlords, in the process of establishment of the popular banks, reflects theirdirect participation in the process of modernization for the villages' region

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