CM Economic Policies 1789-91 Flashcards
1
Q
What happened after internal tariffs disappeared?
A
Trade in grain deregulated in August 1789 so price of wheat left to market controls
2
Q
How were the bourgeoisie affected by these policies?
A
- Devolution of power to local authorities and fiscal redistribution provided a boost to bourgeois entrepreneurs
- Emergence of land-owning bourgeois helped agriculture through more profitable farming and exploiting their estates’ resources
3
Q
How did economic reforms fail to benefit everybody and harm some?
A
- Large producers benefited from high prices they controlled, poor peasants and townsfolk lost out
- Tolls at city gates disappeared but no corresponding drop of food price in urban areas as merchants sought to maximise profits
- Economic changes perpetuated past divisions instead of getting rid of them; new class of ‘capitalist’ rather than 2nd e nobility