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The Revolution resulted from multiple long-term and short-term factors, culminating in a social, economic, financial and political crisis in the late 1780s. [ 3 ] [ 4 ] [ 5 ] Combined with resistance to reform by the ruling elite , and indecisive policy by Louis XVI and his ministers, the result was a crisis the state was unable to manage.
The Demonstration of 20 June 1792 (French: Journée du 20 juin 1792) was the last bloodless attempt made by the revolutionaries of Paris to persuade King Louis XVI of France to abandon his current policy and adopt a more compliant role in the escalating frenzy of the French Revolution.
The silk industry in 1789 was in crisis, reflecting the wider economic crisis afflicting France at that time. The city was visited by the keen eyed English documentary writer Arthur Young in December of that year: he estimated that 20,000 people were living from charity and starving. [2] Tax riots broke out in June 1789 and again in July 1790.
The financial crisis of the French crown played a role in creating the social background to the Revolution, generating widespread anger at the court, and (arguably most importantly) forcing Louis XVI to call the Estates-General. The court was deeply in debt, which in conjunction with a poor financial system, created a crisis. [31]
In 1793, the French Revolution caused wars with Austria, Prussia, Great Britain and Spain. The government continued to function during the economic and political crises by a series of loans, bonds and tax increases; an increasingly large amount of paper money issuance was a vain attempt to stimulate the economy. [8]
Change in per capita GDP of France, 1820–2018. Figures are inflation-adjusted to 2011 international dollars. The economic history of France involves major events and trends, including the elaboration and extension of the seigneurial economic system (including the enserfment of peasants) in the medieval Kingdom of France, the development of the French colonial empire in the early modern ...
The insurrection of 12 Germinal Year III was a popular revolt in Paris on 1 April 1795 against the policies of the Thermidorian Convention.It was provoked by poverty and hunger resulting from the abandonment of the controlled economy after the dismantling of the Revolutionary Government during Thermidorian Reaction.
Caricature mocking the King of Prussia and émigrés. French emigration from the years 1789 to 1815 refers to the mass movement of citizens from France to neighboring countries, in reaction to the instability and upheaval caused by the French Revolution and the succeeding Napoleonic rule.