USA HISTORY

MAKING OF A NEW NATION 1776 1800

THE FRENCH REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was the unit of currency in Europe in 1774.
A
dollar
B
pound
C
sterling
D
livres
Explanation: 

Detailed explanation-1: –Livre was the term used for A unit of currency in France. Hence, this option is correct.-In the late eighteenth-century France, a tax imposed by the church, comprising one-tenth of the agricultural produce, was known as Tithe.-Tithe was a church tax levied, consisting of one-tenth of the agricultural produce.

Detailed explanation-2: -The livre was established by Charlemagne as a unit of account equal to one pound of silver. It was subdivided into 20 sous (also sols), each of 12 deniers. The word livre came from the Latin word libra, a Roman unit of weight and still the name of a pound in modern French, and the denier comes from the Roman denarius.

Detailed explanation-3: -Answer: In the 18th century and before, livre was a currency in France. The word currency is derived from the Middle English term curraunt meaning in circulation. So, the currency is money in circulation, which is used as a medium of exchange.

Detailed explanation-4: -A unit of currency in France from 781 to 1794. Was this answer helpful?

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