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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 ...
As a matter of policy, the German Army stripped France and the other countries it occupied of their output and assets; "the Germans embarked immediately upon the general requisitioning of all raw materials and all goods in the occupied countries," said Francois de Menthon, the French prosecutor at the Nuremberg trials in his address to the ...
The Kingdom of France had the largest population of Europe at the time, and the Black Death was a major catastrophe. The plague killed roughly 50,000 people in Paris, which made up about half of the city's population. [3] The Black Death in France was described by eyewitnesses, such as Louis Heyligen, Jean de Venette, and Gilles Li Muisis.
Financial stability is the absence of system-wide episodes in which a financial crisis occurs and is characterised as an economy with low volatility. It also involves financial systems' stress-resilience being able to cope with both good and bad times. Financial stability is the aim of most governments and central banks. The aim is not to ...
In 1337, on the eve of the first wave of the Black Death, England and France went to war in what became known as the Hundred Years' War. This situation was worsened when landowners and monarchs such as Edward III of England (r. 1327–1377) and Philip VI of France (r. 1328–1350), raised the fines and rents of their tenants out of a fear that ...
This is in part due to the difficulty of measuring the financial damage in areas that lack insurance. For example, the 2004 Indian Ocean earthquake and tsunami, with a death toll of around 230,000 people, cost a 'mere' $15 billion, [1] whereas in the Deepwater Horizon oil spill, in which 11 people died, the damage was six times higher.
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Figures for the death toll vary widely by area and from source to source, and estimates are frequently revised as historical research brings new discoveries to light. Most scholars estimate that the Black Death killed up to 75 million people [5] in the 14th century, at a time when the entire world population was still less than 500 million.