HISTORY
ABSOLUTISM AND REVOLUTION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Created a centralized banking system known as the National Bank of France
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Created an equal taxation system that helped finance new roads and canals
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Created a new currency which led to France’s most stable economy in recent years
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All of the above
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Detailed explanation-1: -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-2: -Napoleon instituted various reforms, such as higher education, a tax code, road and sewer systems, and established the Banque de France, the first central bank in French history.
Detailed explanation-3: -Napoleon instituted reforms in post-revolutionary France, starting with a complete overhaul of military training. He also centralized the government, reorganized the banking and educational systems, supported the arts, and improved relations between France and the pope.