The King's Finances Flashcards

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1
Q

Direct taxes took … from peasants

A

10-15% of peasant’s gross product

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2
Q

Tithes were …

A

8% average tax

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3
Q

Calone told Louis on the … that France was on the verge of bankruptcy

A

20th August 1786

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4
Q

The revenue for 1786 was … whilst the deficit was …

A

475 million livres, and 587 million livres

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5
Q

The American War of Independence cost…

A

1 billion livres

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6
Q

War saw gap between income and expenditure increase to …

A

~160 million livres

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7
Q

Necker appointed…

A

Controller-General of Finance 1776

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8
Q

Doyle on Necker:

A

The man had an “opulence as a banker”

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9
Q

The Complete Rendu was published

A

February 1781

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10
Q

The Complete Rendu raised … by …

A

520 million livres in loans by May 1781

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11
Q

Schama on he Complete Rendu:

A

Neckers claims “the kind of spurious good cheer that led the French monarchy down the primrose path to perdition”

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