French Revolution- Necker

When was Necker finance minister?

1776-1781

How did the number of tax farmers change under Necker?

Reduced from 60 to 40

When did Necker establish provincial assemblies?

1778

When did Necker release the Compte Rendu?

1781

How many offices did Necker abolish?

500

What was the value of the loans taken out by Necker?

530 million livres (at higher interest)

By how much did government revenue increase under Necker?

Increased by 5 million livres

How did Necker continue Turgot's policies around royal expenses?

He cut royal household expenses and reduced the number of pensions granted

Which tax did Necker remove to enhance economic competition?

Vingtieme (an income tax on profit)

How did Necker rationalise France's financial administration?

Reducing the number of tax farmers, abolishing the post of receivers-general and replacing them, replacing venal posts with salaried officials, publishing the budget

How did Necker reduce corruption in tax collection?

Abolishing many offices and reducing them in number, replacing venal posts with salaried officials

How many copies of the Compte Rendu sold in a few weeks after its publication?

100,000 -- public accountability

Why did Necker's policy related to tax make him popular with the 3rd estate?

He did not have to raise tax to try and balance the budget

How did Necker enhance local government?

From 1778-1779 he introduced provincial assemblies with equal representation for all estates

How did the Compte Rendu aid French finances?

It increased the faith of lenders to allow more loans (long-term damage)

How did the reduction of venality under Necker harm French finances?

The money from venality was a major source of income which had been taken away

How did the Compte Rendu harm French finances?

It made it appear that France did not have a budget issue, so the budget issue was not addressed, the loans that were taken out as a consequence only worsened the problem

What led to Necker's resignation in 1781?

Marie Antoinette and LXVI's court

What was Necker's biggest mistake/failing?

He got LXVI to enter the AWI

When was the Eden Treaty and what was it?

1786-- free trade with Britain

Why was the Eden Treaty passed?

To make lXVI appear an enlightened king and bc France needed it