Chapter 20 - Financial And Ecomonic Policies And Problems Flashcards

(49 cards)

1
Q

Why did N have to maintain high level of taxation?

A

Costs of war

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2
Q

What taxes were carried on from before?

A

Contribution foncière - land tax
Custom duties
Fees for registrations + services

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3
Q

What did N officials start drawing up in 1807?

A

New Cadastre

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4
Q

What did the cadastre do?

A

Measured the value of land to recalculate land tax
Only 1/5 of country assessed by 1815

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5
Q

What were towns and cities allowed to enforce in 1803?

A

Octrois

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6
Q

How were tax collectors + inspectors assessed?

A

Paid in proportion to the taxes they collected
Tax receipts passed onto receivers
Inspected by central govt

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7
Q

What was the central office for handling and auditing the states finances?

A

Cour des Comptes
Kept detailed accounts of income + expenditure
Had to authorise release of money

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8
Q

What did the govt rely on the most heavily?

A

Indirect taxes
Like on playing cards, alcohol, salt and tobacco all x4

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9
Q

What did N declare the only legal tender would be?

A

Metal coinage

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10
Q

What was established in 1800?

A

Bank of France
To provide credit for govt + entrepreneurs

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11
Q

What was the small issue of paper money limited to?

A

Use in Paris
500 - 1000 franc notes
Only for merchants

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12
Q

What else did N control?

A

Sale of govt bonds at reasonable interest

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13
Q

What did the new Minister of the Interior Chaptal add to help the economy?

A

Bureau of Statistics - gain info on pop, agriculture + commerce

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14
Q

What society did he create?

A

Société d’encouragement pour l’industrie National - society giving prizes for commerce

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15
Q

What did he establish in every department?

A

Councils for agriculture, arts + commerce

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16
Q

What did Chaptal’s encouragement increase?

A

Mechanisation + technical innovation
Mass production of consumer goods

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17
Q

What did his report of that year say?

A

Wool industry - increase by 400%
Silk value increase by 64 million

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18
Q

What was the largest sector of the French economy?

A

Agriculture

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19
Q

How did some regions improve?

A

Large landowners developed their estates
New ideas of crops + animal breeding + scientific farming

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20
Q

What did most of France still stay with?

A

Peasant farmers who could barely support their own needs
New civil code = more divided land
Scared to improve for rent increases

21
Q

Why did the govt try to encourage growth of ‘replacement crops’?

A

Avoid dependence on colonial production which was disrupted by war

22
Q

What were replacement crops?

A

Cotton
Dyes
Tobacco
Sugar

23
Q

Who were ordered to make sure there was enough land set aside for these?

24
Q

What was prohibited to stimulate sugar beet industry?

A

Imports on sugar cane

25
What did they now export that they before had to import?
Butter, cheese + vegetable oils
26
What were the opportunity costs of war on trade?
Peacetime industry investment Labour
27
How did N pay for the wars?
Tightened taxation Soldiers had low wages Loans Selling land taking from conquered territory
28
What part of land did N sell?
Louisiana Got 50 million francs Cancelled 18 million francs worth of debt
29
Where did trade with France move with?
Less Atlantic + overseas More F allies + conquered territories in Europe
30
What did the British effect?
Maritime commerce Reduced trade passing through Marseilles
31
When were B good banned from F?
From 1793
32
What was the continental blockade that N introduced called?
Continental system
33
What did the continental blockade do?
Banned all F trade with B Insisted F allies + neutral countries follow suit Or be treated as F enemies
34
What did this intensify?
Economic warfare
35
What did N aim to do?
Weaken B + force it to sue for peace Get Atlantic trade back Increase trade by filling B gap
36
Why did the continental system fail?
F Navy couldn’t hold onto coastlines Not strong enough to uphold it Smuggling thrived
37
Who smuggled and did illegal practices?
Gendarmes
38
What did they do?
Contrabande - illegal goods Fraude - not paying duties
39
What was the B counter-action?
Depriving F of raw materials
40
What were left in short supply?
Sugar Coffee Coats Shoes
41
What was N forced to allow?
Some licensed trade with B to raise funds
42
What made up for the loss of selling in Europe for B?
Trade with North + South America
43
Why was most of the population limited to economic change?
Still tied to farming Heavily taxed Low standard of living
44
Why was industrial work unattractive?
Workers restrained by livret Ban on trade unions Living conditions in towns and cities were poor Joining army more attractive to people wanting advancement
45
Where was there only an incentive to expand?
In war based industries Others had loss of markets in wars
46
What was the change in attitude with the bourgeois?
No desire to invest in industry or trade Satisfied with biens nationaux To trade was looked down on
47
What still remained poor in this period?
Communications Only some new roads for military built
48
What gave farmers little incentive to change practices?
State control of prices and food But did prevent food riots
49
Why by 1810 was F in severe debt?
1806 - expenditure outstripped income 1809 - poor harvest + banking crisis