Explain why there was little economic growth in the French economy under Napoleon
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- Created on: 16-04-15 20:35
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- Explain why there was little economic growth in the French economy under Napoleon
- Napoleon inherited weak economy
- result of failure of previous governments
- The National Assembly issued assignats which caused inflation, Jacobins left economy and focused on killing opponents, Directory financial reforms did not come into place before they fell from power
- left Napoleon with weak base with little foundations to build strong economy
- result of failure of previous governments
- Napoleon's financial policies
- focused on taxation to fund continual war and expansion of empire
- had plunder from empire to fund army
- quadrupled salt, alcohol and tabacco tax
- did not focus on improving economic situation within France, as focused on army
- resulted in economy not improving and inflation as a result of increased taxes
- focused on taxation to fund continual war and expansion of empire
- empire
- empire expanded and by 1810 napoleon had conquered Egypt, Holland, Belgium, Austria, Poland, Spain and much of Italy and Germany.
- created enemies like Britain and Russia
- resulted in less trade as more colonies meant less countries available to trade with
- continental system resulted in lack of British imports which worsened French economy
- loss of men in wars to establish empire
- reduction in workforce, resulted in low production and low demand
- conclusion: overall the factor that drained economy as result of diminishing population, lack of trade and lack of Napoleon's interest was continual war
- Napoleon inherited weak economy
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