The division into three estates with different rights and duties‚ produced a clear situation of injustice with poverty for the greater part of the people and the extreme wealth for just a few. 1 To what extent were poverty and prosperity causes of the 1789 French Revolution? To a great extent because the prosperity of the bourgeois encouraged the poverty‚ peasants‚ to make justice for themselves by making a revolution against the authorities. The first and second estates had several privileges and
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from famine and economic depression added to the growing resentment. The move that precipitated the French Revolution was when Louis XVI summoned the Estates General‚ a representative body of the three estates of France‚ to meet to debate whether or not the nobility and clergy should be taxed to help lessen France’s large debt. The third estate‚ burdened by the debt the most‚ was in favor of the tax. Louis had even
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France was divided among three groups: the First Estate‚ the Second Estate‚ and the Third Estate. The First Estate was the Church. The church was equal in terms of its social‚ economic‚ and spiritual power. The First Estate owned nearly 10 per cent of all land in France and seemed rich to other estates. It paid no taxes but to support church‚ they collected income. This estate contained a very small quantity of 2-3 percent of the estates. The Second Estate was the nobility. They made up less than 2 percent
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has been operating for 64 years. In the article “Sears Canada Not Likely to Die While It Still Has Real Estate to Sell” explains that‚ despite Sears decline in revenue‚ the company can remain operational by cutting costs and being able to sell practicable real estate (Hollie Shaw). Sears Canada is able and needs to sustain their retails because it allows landlords to purchase for their real estate under market value. However‚ Sears leases are only attractive to landlords until the company ceases operation
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Answers for Tutorial 3: Lecture 1(Topic 1) 1. According to the Surety Information Office‚ what are the six warning signs that a construction company is in financial trouble? - Ineffective financial management systems - Lines of credit constantly borrowed to the limits - Poor estimating and/or job cost reporting - No comprehensive business plan - Communication problems 2. Who is responsible for financial management in a construction company? - Owners - General Managers - Chief Financial
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. Introduction LandLease (Asia) Property Limited (LL) wants to infiltrate the Hong Kong real estate sector. Louisa Martin and her senior advisor Marco Li have two main possibilities to achieve this goal‚ direct and/or indirect investment. By investigating the different investment possibilities they want to understand the merits and demerits‚ including risk and return of the possible investments. Bearing these outcomes in mind‚ they can form a new strategy for the company. We will discuss 4 different
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began in 1789 with the convocation of the Estates-General in May‚ there were multiple different principles prior to that which triggered the war to begin. The foremost cause of the war was bankruptcy of the government. The debt in France before the revolution had risen from 1 billion to 2 billion livres. In 1774 when Louis XVI began to rule‚ he spent way too much money on himself and his wife‚ Marie Antoinette. Louis XVI would demand that the third estate‚ the poorest and hardest working of them
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French were greatly displeasured about. The social structure was very unbalanced during the Old Regime. The majority of the Third Estate third estate was going hungry and only as time went on poverty kept increasing. It was also clear that as time went on that the nobles and the clergy were only seeking more privileges than what they already had. As if the Third Estate couldn’t have any more burdens put on their lives‚ there was also a food shortage occurring that would completely shock the whole
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especially those of the third estate. The ideas of the intellectuals of the Enlightenment brought new views of government and society. The American Revolution also influenced the coming of the French Revolution. Three of the most important causes of the French Revolution included the lack of skill of Louis XVI‚ the vast gap between the rich and poor in France‚ and the revolutionary ideas of the Enlightenment in America. The French Revolution was based mostly on the Third Estate wanting to obtain liberty
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caused drought. This caused bad harvest. The price of bread loaf increased for this reason. 1789- May- Estates general met The estates general was a group that represented all different states of france- First‚ second and third. This meeting was held when the king wanted to agree to new taxes. Necker‚ director general of france‚ advised the king that he should double the people in third estate. 1789 20 June- Tennis court oath The middle class demanded a constitution. This was a set of rules which
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