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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 French Revolution (French: Révolution française [ʁevɔlysjɔ̃ fʁɑ̃sɛːz]) was a period of political and societal change in France that began with the Estates General of 1789, and ended with the coup of 18 Brumaire in November 1799 and the formation of the French Consulate.
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 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]
The insurrection of 31 May – 2 June 1793 (French: Journées du 31 mai et du 2 juin 1793, lit. ' Day of 31 May to 2 June 1793 '), during the French Revolution, started after the Paris commune demanded that 22 Girondin deputies and members of the Commission of Twelve should be brought before the Revolutionary Tribunal.
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.
The period from 1789 to 1914, dubbed the "Long nineteenth century" by the historian Eric Hobsbawm, extends from the French Revolution's aftermath to the brink of World War I. Throughout this period, France underwent significant transformations that reshaped its geography, demographics, language, and economic landscape, marking a period of ...
The effect is based on Alexis de Tocqueville's observations on the French Revolution and later reforms in Europe and the United States.Another way to describe the effect is the aphorism "the appetite grows by what it feeds on". [4]