Origins and onset Flashcards
how much money did France contribute to the American Rev?
1.3 billion livres
Why did Louis join the american rev
to redeem France’s loss against England in the 7 years war 1756-63
What perecent of state expenditure was on debt in 1778
43%
Taille
Direct tax
land tax
3rd estate
Capitation
Direct
Poll tax
3rd, 2nd and 1st in theory - Don Gratuit available
Vingetieme
Direct tax
income tax - 1 20th
3rd, 2nd and 1st in theory - Don Gratuit available
Gabelle
Indirect
Salt
3rd
Tabac
Indirect
Tobacco
anyone buying
% of state income is land tax
1.6
1786 state income vs state expenditure
472 mil
633 mil
Turgot ideas
ULT
Free trade in grain
ban corvee
Turgot events
unlucky with bad harvests, grain free trade failed
dismissed as his ideas were too revolutionary for 1st and 2nd
Neckar ideas
ULT
abolition of sinecures
dismissal of venal ministers
Necker events
500 million in loans
remitted his own 2.4 mil into French economy
Compte rendu au roi
Compte Rendu
claimed debt of 10mil in reality it was 46 mil