[PDF] economy of france in 18th century

Throughout the 18th century, France faced a mounting economic crisis. A rapidly growing population had outpaced the food supply. A severe winter in 1788 resulted in famine and widespread starvation in the countryside. Rising prices in Paris brought bread riots.
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  • What was France's economy like?

    With a GDP of approximately $2.94 trillion in 2021 and an estimated $2.63 trillion in 2022, France is the world's seventh-largest economy and Europe's third-largest economy after Germany and the UK.
    It has substantial agricultural resources and maintains a strong manufacturing sector, despite a recent decline.

  • What type of economy did France have in 1789?

    In the Paris basin commercial farming had spread, whilst Lyon remained the centre of banking and the silk trade.
    By 1789 France's GDP was three times that of Britain.
    Its large population and vibrant colonial trade provided a potentially large tax base through which France could finance its military.

  • What was French society like in the 18th century?

    French society was divided into three classes, which were known as Estates.
    The first estate was known as the clergy, the second estate was known as being of the nobility, and the third estate included the rest of the population including the peasants and the middle-class professionals and merchants.

  • What was French society like in the 18th century?

    The eighteenth-century term for the economic changes proceeding in France—as well as elsewhere in Western Europe and the Atlantic world—was “commerce.” The rise of commerce, it was generally agreed, was one of the key features of the age.
    This was, indeed, a commercial capitalism.

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