MAKING OF A NEW NATION 1776 1800
THE FRENCH REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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He gave all French citizens enough money to live
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He created a more fair tax system
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He allowed Nobles to officially enslave their peasants
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None of the above
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Detailed explanation-1: -Starting in 1800 he reformed the chaotic Financial system by borrowing money to deal with short term expenses and creating a tax system that indirectly favored the elite. He also hired tax collectors to insure that the taxes made it to the Government.
Detailed explanation-2: -In the decades leading to the French Revolution, peasants paid a land tax to the state (the taille) and a 5% property tax (the vingtième; see below). All paid a tax on the number of people in the family (capitation), depending on the status of the taxpayer (from poor to prince).
Detailed explanation-3: -Napoleon Bonaparte created the Banque de France to foster economic recovery after the strong recession of the revolutionary period. This new institution was charged with issuing notes payable to bearer on sight, in return for discounting of trade bills.
Detailed explanation-4: -taille, the most important direct tax of the pre-Revolutionary monarchy in France. Its unequal distribution, with clergy and nobles exempt, made it one of the hated institutions of the ancien régime. The taille originated in the early Middle Ages as an arbitrary exaction from peasants.