France's Role In The American Revolution
In the American Revolution France directed its forces to assist the Americans. French aid was pivotal in compelling the British to surrender at Yorktown in 1781. However although the Americans gained much from France’s support it led to no substantial gains for France but it had accumulated a debt of 1,066 million livres. France could not solely rely on its revenue from tax to fund the war thus it frequently borrowed at high rates of interest. The American Revolution combined with the Seven and Nine Years’ Wars caused heavy expenditures for France, it wasn’t capable of raising funds to equate to the level of debt it had. Louis XV was naïve in believing that with the absence of a central bank France would have been able to reduce its debt, when in reality the wars were financed by …show more content…
France had already devoted 25% of its budget to the army and navy and about 50% to pay off the debt, the further expansion was inevitably deemed to worsen the economic situation. Britain was also in debt as a result of the wars but Britain’s highly advanced fiscal organizations such as the Bank of England was able to compact the implications via low interest rates unlike the debt in France which was financed at twice the rate of interest compared to that of Britain. The unreformed and old fashioned fiscal institutions in France’s couldn’t resolve the debt like the more modern state of Great Britain. The fiscal negligence was a crucial factor in the French Revolution, if it abandoned its participation in the wars that led France to accumulate a substantial amount of debt it may have been able to avoid the revolution that was to
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512 Words | 3 PagesOverall, the French Revolution occured because of horrendous treatment of the third estate. Unfair taxation, an obvious bias towards the upper classes, and an inadequacy of change for the better was what caused it to happen. Unfortunately, a vast amount of lives were lost to this hopeless
Harry Sandwith Sparknotes
1415 Words | 6 PagesThe Revolution abolished monarchy and replaced it with a republic. It was a period of social and political chaos. The cost from the American Revolution and the expensive spending from King King Louis XVI left France close to bankruptcy. The spending left many peasants and urban poor with little to nothing to eat. The purpose of the French Revolution was to help solve the financial problems of the government.
Compare And Contrast The American Revolution Vs French Revolution
778 Words | 4 PagesThe American and French Revolution are both remembered in history as two major changes that would shape what we know today. Every child learns of the American Revolution at least once in their lives. Both these revolutions had the similar cause, effects, and stages that resulted or started them. Just like in every warring country, it is inevitable that there will be some change that occurs whether it be for the better or for worse. Although the American and French revolutions were very similar in the actions, there were many differences leading them into ultimately different paths and states of rest.
French Revolution David Mason Summary
331 Words | 2 PagesIn reading David Mason’s A Concise History of Modern Europe, I have learned of various important people, events, and ideals during the time of the French Revolution and, more specifically, the Napoleonic Era. Similar to the Industrial Revolution in Britain, an increase in agricultural productivity and industrial production proved essential to the country’s rise in success. This however would not be able to save France from the wall of debt that had accumulated over the years due to inefficient tax collection, financial aid to American colonies, and inflation. In short, Louis XVI attempted to resolve this problem with an assembly of the three estates but backfired with one of the three separating themselves leading to the liberal French Revolution
The American Revolution: The French And Indian War
1574 Words | 7 PagesAs stated by Jessie Palmer, “The French and Indian War was very essential to the American Revolution because the war debt was the reason that Parliament started imposing taxes on the colonists in the first place” (Palmer). These taxes made the colonists resent the crown. France’s role prior battles
DBQ: How The American Revolution Changed American Society
511 Words | 3 PagesDue to their recent war with the French, Britain and its colonies were in debt. Britain turned to the colonies as a source of revenue to pay back money, and Parliament passed acts placing taxes and tariffs on the colonies and American trade. Following the revolution, the United States was in debt to France, who helped them fight Britain during the war and supplied money, troops, and supplies. Some Americans demanded paper currency and equal distribution of property (Doc. G). Although the manufacturing industry was growing in America, it was growing very slowly.
American Vs French Revolution Dbq Analysis
720 Words | 3 PagesHowever, Americans were able to succeed because of their quick increase in population and economy. One of France’s financial problems came from the money they loaned America during the war. Arthur Young traveled throughout France and saw that “lands held by the nobility are taxed very little [and] lands held by commoners are taxed heavily” (Doc B). This comes back to the idea of inequality and how the government supported a class system in France that negativly affects the third estate. Because commoners’ land was taxed so much, they were unable to feed themselves.
What Caused The French Revolution Dbq
817 Words | 4 PagesThe French Revolution was one of the most significant wars that changed France’s history. The Revolution started in 1789 and ended in 1799 and was mainly initiated by the conditions affecting the Third Estate. Louis XVI was predominately the king during this time period but little did he know that an uprising among the peasants was happening. The French Revolution was caused by the Enlightenment ideas because of the American Revolution, the knowledge of rights, and the questioning of France’s government. The American Revolution was basically the “fire” that ignited the change the Third Estate wanted to see in their country.
How Did The French And Indian War Impact The American Revolution
850 Words | 4 PagesThe American Revolution The French and Indian War impacted the American Revolution in many ways. Britain incurred a large debt from the cost of the war and the taxes that they imposed on the colonists created feelings of anger and rebellion that led to the revolution. As a result of the French and Indian war, the British were not at full strength which allowed the actions of the colonists to be more effective. Because of the outcome of the war, France was willing to help the colonists. Without the much needed help from the French the colonist may have never won the war.
Absolute Monarchies Dbq
1380 Words | 6 PagesAbsolute monarchies had all the power in Europe. Their kingdoms were powerful and accomplished. Although absolute monarchies empowered and enriched their kingdoms, they were still largely detrimental because of King Louis XIV of France, debt, Frederick the Great’s seizure of Silesia, and the city of St. Petersburg. King Louis XIV of France was an absolute monarch.
Essay On Why Was The French And Indian War Important To The American Revolution
656 Words | 3 PagesThe French and Indian War was important to the American Revolution because the debt from the war was the reason that Parliament started taxing the colonists. Also, the French and Indian War made Britain very weak, making the colonists’ actions work a whole lot better. Since France was not happy with the outcome of their war with Britain this was a main reasons for France’s interest in helping the now Americans throughout the Revolutionary War, which was very important to the colonies’ victory. The reason why Britain started to tax the colonists was because of the debt resulting from the French and Indian War. The first tax was the the tax on sugar, which was put on the colonists to help pay off the war debt.
France's Involvement In The Seven Years War
721 Words | 3 PagesThe source and initiation of the France’s financial issues began after their involvement in the Seven Years War from 1756-83. The money used to support this war caused a deep financial exhaustion for France. Following many predecessors, in October 1776, Jacques Necker was appointed Director of Treasury. He was determined not to increase taxes and in attempt to follow that notion, Necker financed the French’s involvement in the American was almost entirely by loans. Although he kept his word and did not implement any new taxation, he increased the French deficit by astonishing numbers.
What Are The Results Of The 7 Years War Essay
765 Words | 4 PagesTheir government, politics, economy and relations between one another all changed. Along with the colonies, colonists and the Native Americans who lived in those areas that were affected by the war. Even though Britain gained so much, both the British and French suffered great financial loss. The war almost doubled Britain’s national debt. The French’s monarchy became very weak after the war because of the military defeat and their great national debt.
Financial And Societal Collapse Of The French Revolution
242 Words | 1 PagesThe French government faced a financial and societal crisis by 1789 after at least fifty years of economic prosperity. Reluctant to the idea of reforms for this government proved detrimental, resulting in the French Revolution. If not for the influences from the Enlightenment philosophes and the French Revolution, this country could have collapsed. Spending was out of control. As French leaders began recognizing the accruing debt was only taking them further backwards, they finally were opening up to change.
Research Proposal On French Revolution
1445 Words | 6 PagesKatherine Rolfe Trinityhouse High School Little Falls Grade 12 ORT History Research Proposal Mentor: Mr Smith How was France primed for a revolution during Louis XVI’s reign in 1789? 3 November 2017 Research Hypothesis Due to the poverty rate at this time, the King Louis XVI’s inexperience with leading, the ideas of the Renaissance and food shortages, France was primed for a revolution in 1789 Motivation I studied the French Revolution in grade 10. It was one of my favourite sections that I 've studied but I was always curious about why it occurred at that specific moment in time when France had never known anything other than a monarchy. The revolution was so impactful because although it did not demolish dictatorship in France completely, with Napoleon rising to power in later years, it drastically changed the way French people lived and dramatically influenced the world .
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