Economy Flashcards
1
Q
Where was most of France’s wealth based?
A
Overseas empire
2
Q
Where were France’s overseas empires?
A
North America
The West Indies
India
3
Q
Despite seeming like a stable country, what was not evenly spread?
A
Wealth
4
Q
What were wealthy merchants and businessmen involved in?
A
Overseas trade
5
Q
What resulted in a financial crisis from which the economy was slow to recover?
A
The loss of a substantial part of the French colonial empire in 1763 after the 7 Years War
6
Q
Unlike Britain, what did France not undergo before 1789?
A
Industrial Revolution
7
Q
What had driven up prices and resulted in food shortages?
A
A series of bad harvests and severe weather in the years immediately before 1789
8
Q
What were France’s small scale industries mainly linked to?
A
Agriculture
