17th Century Europeon History - Finance

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Forms of Income?
Taxes, Rent, Selling of Offices
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Outgoings?
War, Pensions, Royal Household, Infrastructure, Paying off Debts
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Debt at Beginning of the Reign?
300 Million Livres
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Income at the Beginning of the Reign?
18 Million Livres
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Debt was...
Halved by 1608
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Sully's Methods to Reduce Debt Inc...
Part Payments, Unoffical Bankruptcy, Dowry and Rentes
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Sully's Methods to Improve Taxation Inc...
Shifting indirect tax, Paulette, Gabelle and increasing revenue
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Sully Increased Revenue by...
63%
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Examples of Infrastructure that Sully Improved
Bridge - Albion, Canal - Seine and Roads
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. . . Was Spent on Infrastructure
5.5 Million Livres
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France was not that Badly Damaged by...
The French Wars of Religion
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Name 4 Non-Sully Factors that improved Frances Economy and Finances
Council of Commerce, the Reconstruction of Paris, Peace and the Improvement of the Weather
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How did the Improvement of the Weather Increace France's Financial Problem?
An increase of roduce production meant a decrease in price for the harvest
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When Was Peace Acheived and When did it End?
1589 - 1610
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What did Henry Construct While Rebuilding Paris?
A Town Hall (Hotel de Ville)
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When was the Council of Commerce Introduced? How Many Times did it Meet?
1602, 150 Times
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Chambre de Justice
A group set up by Sully to investigate corruption in the tax system as well as the court
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Elus
Officials in charge of the ELECTIONS
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Paulette
Annual tax of 1/60th of the value of offices that were held on a hereditary basis
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Elections
Courts that are responsible for the local administration of the TAILLE and other taxes
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Taille
Main direct tax. The third estate (poor) had to pay the majority of it rather than the first and second estate (nobles and knights)
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Gabelle
Tax on salt (Indirect)
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Pancarte
A 5% increase on direct tax, introduced 1601 and abolited a year later due to riots in La Rochelle
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The Assembly of . . . was a . . .
Notable, Failure
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What are Real Wages?
What your wages can buy in goods and services
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What decreases when the average person's real wages increases?
The Taille, Grain Prices and Intrest Rates
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Other cards in this set

Card 2

Front

Outgoings?

Back

War, Pensions, Royal Household, Infrastructure, Paying off Debts

Card 3

Front

Debt at Beginning of the Reign?

Back

Preview of the front of card 3

Card 4

Front

Income at the Beginning of the Reign?

Back

Preview of the front of card 4

Card 5

Front

Debt was...

Back

Preview of the front of card 5
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