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French Peasants
French peasants were the largest socio-economic group in France until the mid-20th century. The word peasant, while having no universally accepted meaning, is used here to describe subsistence farming throughout the Middle Ages, often smallholders or those paying rent to landlords, and rural workers in general. As industrialization developed, some peasants became wealthier than others and drove investment in agriculture. Rising inequality and financial management in France during the late 18th century eventually motivated peasants to revolt and destroy the feudal system. Today peasants could no longer be said to exist as an economic or social group in France. although many attempts have been made to honor and preserve this traditional way of life. 1500 to 1780s By the middle of the 16th century, France's demographic growth, its increased demand for consumer goods, and its rapid influx of gold and silver from Africa and the Americas led to inflation ( grain became five times as ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Purchasing Power
Purchasing power is the amount of goods and services that can be purchased with a unit of currency. For example, if one had taken one unit of currency to a store in the 1950s, it would have been possible to buy a greater number of items than would be the case today, indicating that the currency had a greater purchasing power in the 1950s. If one's monetary income stays the same, but the price level increases, the purchasing power of that income falls. Inflation does not ''always'' imply falling purchasing power of one's money income since the latter may rise faster than the price level. A higher real income means a higher purchasing power since real income refers to the income adjusted for inflation. Traditionally, the purchasing power of money depended heavily upon the local value of gold and silver, but was also made subject to the availability and demand of certain goods on the market. Most modern fiat currencies, like US dollars, are traded against each other and commodity mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
17th Century
The 17th century lasted from January 1, 1601 ( MDCI), to December 31, 1700 ( MDCC). It falls into the early modern period of Europe and in that continent (whose impact on the world was increasing) was characterized by the Baroque cultural movement, the latter part of the Spanish Golden Age, the Dutch Golden Age, the French ''Grand Siècle'' dominated by Louis XIV, the Scientific Revolution, the world's first public company and megacorporation known as the Dutch East India Company, and according to some historians, the General Crisis. From the mid-17th century, European politics were increasingly dominated by the Kingdom of France of Louis XIV, where royal power was solidified domestically in the civil war of the Fronde. The semi-feudal territorial French nobility was weakened and subjugated to the power of an absolute monarchy through the reinvention of the Palace of Versailles from a hunting lodge to a gilded prison, in which a greatly expanded royal court could be more easily ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paris
Paris () is the capital and most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), making it the 30th most densely populated city in the world in 2020. Since the 17th century, Paris has been one of the world's major centres of finance, diplomacy, commerce, fashion, gastronomy, and science. For its leading role in the arts and sciences, as well as its very early system of street lighting, in the 19th century it became known as "the City of Light". Like London, prior to the Second World War, it was also sometimes called the capital of the world. The City of Paris is the centre of the Île-de-France region, or Paris Region, with an estimated population of 12,262,544 in 2019, or about 19% of the population of France, making the region France's primate city. The Paris Region had a GDP of €739 billion ($743 billion) in 2019, which is the highest in Europe. According to the Economist Intelli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Bond
A government bond or sovereign bond is a form of bond issued by a government to support public spending. It generally includes a commitment to pay periodic interest, called coupon payments'','' and to repay the face value on the maturity date. For example, a bondholder invests $20,000, called face value or principal, into a 10-year government bond with a 10% annual coupon; the government would pay the bondholder 10% interest each year and repay the $20,000 original face value at the date of maturity (i.e. after 10 years). Government bonds can be denominated in a foreign currency or the government's domestic currency. Countries with less stable economies tend to denominate their bonds in the currency of a country with a more stable economy (i.e. a hard currency). When governments with less stable economies issue bonds, there is a possibility they will be unable to repay bondholders, resulting in a default. All bonds carry a default risk. International credit rating agencies p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Francis I Of France
Francis I (french: François Ier; frm, Francoys; 12 September 1494 – 31 March 1547) was King of France from 1515 until his death in 1547. He was the son of Charles, Count of Angoulême, and Louise of Savoy. He succeeded his first cousin once removed and father-in-law Louis XII, who died without a son. A prodigious patron of the arts, he promoted the emergent French Renaissance by attracting many Italian artists to work for him, including Leonardo da Vinci, who brought the ''Mona Lisa'' with him, which Francis had acquired. Francis' reign saw important cultural changes with the growth of central power in France, the spread of humanism and Protestantism, and the beginning of French exploration of the New World. Jacques Cartier and others claimed lands in the Americas for France and paved the way for the expansion of the first French colonial empire. For his role in the development and promotion of the French language, he became known as ''le Père et Restaurateur des Lettr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Taille
The ''taille'' () was a direct land tax on the French peasantry and non-nobles in ''Ancien Régime'' France. The tax was imposed on each household and was based on how much land it held, and was directly paid to the state. History Originally only an "exceptional" tax (i.e. imposed and collected in times of need, as the king was expected to survive on the revenues of the " domaine royal", or lands that belonged to him directly), the ''taille'' became permanent in 1439, when the right to collect taxes in support of a standing army was granted to Charles VII of France during the Hundred Years' War. Unlike modern income taxes, the total amount of the ''taille'' was first set (after the Estates General was suspended in 1484) by the French king from year to year, and this amount was then apportioned among the various provinces for collection. Exempted from the tax were clergy and nobles (except for non-noble lands they held in "pays d'état" ee below, officers of the crown, militar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Civil War
A civil war or intrastate war is a war between organized groups within the same state (or country). The aim of one side may be to take control of the country or a region, to achieve independence for a region, or to change government policies. James Fearon"Iraq's Civil War" in ''Foreign Affairs'', March/April 2007. For further discussion on civil war classification, see the section "Formal classification". The term is a calque of Latin '' bellum civile'' which was used to refer to the various civil wars of the Roman Republic in the 1st century BC. Most modern civil wars involve intervention by outside powers. According to Patrick M. Regan in his book ''Civil Wars and Foreign Powers'' (2000) about two thirds of the 138 intrastate conflicts between the end of World War II and 2000 saw international intervention, with the United States intervening in 35 of these conflicts. A civil war is a high-intensity conflict, often involving regular armed forces, that is sustained, org ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Italy
Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical region. Italy is also considered part of Western Europe, and shares land borders with France, Switzerland, Austria, Slovenia and the enclaved microstates of Vatican City and San Marino. It has a territorial exclave in Switzerland, Campione. Italy covers an area of , with a population of over 60 million. It is the third-most populous member state of the European Union, the sixth-most populous country in Europe, and the tenth-largest country in the continent by land area. Italy's capital and largest city is Rome. Italy was the native place of many civilizations such as the Italic peoples and the Etruscans, while due to its central geographic location in Southern Europe and the Mediterranean, the country has also historically been home ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Armed Forces
The French Armed Forces (french: Forces armées françaises) encompass the Army, the Navy, the Air and Space Force and the Gendarmerie of the French Republic. The President of France heads the armed forces as Chief of the Armed Forces. France has the sixth largest defence budget in the world and the first in the European Union (EU). It has the largest armed forces in size in the European Union. According to Credit Suisse, the French Armed Forces are ranked as the world's sixth-most powerful military. History The military history of France encompasses an immense panorama of conflicts and struggles extending for more than 2,000 years across areas, including modern France, greater Europe, and French territorial possessions overseas. According to British historian Niall Ferguson, the French participated in 50 of the 125 major European wars that have been fought since 1495; more than any other European state. They are followed by the Austrians who fought in 47 of them, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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