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The French Revolution had a major impact on Europe and the New World. Historians widely regard the Revolution as one of the most important events in European history. [1] [2] [3] In the short-term, France lost thousands of its countrymen in the form of émigrés, or emigrants who wished to escape political tensions and save their lives.
Economic historians are divided on the economic impact of the Revolution. One suggestion is the resulting fragmentation of agricultural holdings had a significant negative impact in the early years of 19th century, then became positive in the second half of the century because it facilitated the rise in human capital investments. [ 239 ]
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 period, the wide-ranging reforms of the French Revolution and the ...
The rise of nationalism in Europe was stimulated by the French Revolution and the Napoleonic Wars. [1] [2] American political science professor Leon Baradat has argued that “nationalism calls on people to identify with the interests of their national group and to support the creation of a state – a nation-state – to support those ...
Alfred Cobban (1901–1968) challenged Marxist social and economic explanations of the revolution in two important works, The Myth of the French Revolution (1955) and Social Interpretation of the French Revolution (1964). Cobban argued that the revolution was primarily a political conflict rather than a social one.
Expansion of trade, mercantilist policies, and the development of global markets influenced diplomatic relations, wars, and alliances as states sought to protect and expand their economic interests. Revolution: The Age of Enlightenment and subsequent revolutions, such as the American Revolution (1775–1783) and the French Revolution (1789 ...
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]
The dual revolution was a term first coined by Eric Hobsbawm.It refers specifically to the time period between 1789 and 1848 in which the political and ideological changes of the French Revolution fused with and reinforced the technological and economic changes of the Industrial Revolution.