securities between categories. 6 2 7 3 8 4 What to Do? Recently‚ a bank reported an $87.3 million write-down on its mortgage-backed securities for the third quarter of 2008; however‚ the bank stated that it expected its actual losses to be only $44‚000. The loss of $44‚000 was equal to a modest loss on a condo foreclosure. The bank’s regulator found “the accounting result absurd.” However‚ the rest of the story is that the bank‚ in the third quarter of 2009‚ raised its creditloss
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French Revolution There were many factors that contributed to the French Revolution. First of all was the greatest percent of the population‚ the commoners‚ had the least amount of power and land. This laid the foundation for social unrest which is necessary for a revolution. Second‚ the French economy was very weak due to France’s involvement in the American Revolution. In addition to the economic problems that the American Revolution caused‚ it also put Enlightenment ideas into the minds
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The French Revolution Throughout history the french revolution led an extreme impact on the french society even till this day. There were many causes for the french revolution but the 2 things that mostly fed into it were the unfairness of the first and second estate and the crude treatment that the two gave to the third estates. Due to Louise XVI’s absolute monarchy he had complete power over the french government and people making it harder for
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The French Revolution was an unstable‚ blood-filled time. With 20‚000 sent to the guillotine and an equal number to prison‚ it is not hard to find importance but rather to find meaning. The most crucial thing to look for in the revolution is justification‚ reasons that excuse or bring significance to the deaths of many. John Locke‚ a philosophe of the time‚ may have argued that a leader who does not provide his people with inalienable rights is grounds for dismissal in the form of regicide1
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1) The Napoleonic Revolution “The transformation of French society that followed the fall of the bastille to a Parisian crowd in 1789 changed not only France but Europe forever.” “Warfare too was transformed. The French Revolution realized the ideal of the nation in arms‚ and so nationalism added its force to the western emphasis on discipline. Common soldiers were now expected to display the same kind of commitment once reserved only for officers‚ and the new loyalties of the rank and file influenced
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The French Revolution The years before the French Revolution (which started in 1789 AD.) were ones of vast‚ unexpected change and confusion. One of the changes was the decline of the power of the nobles‚ which had a severe impact on the loyalty of some of the nobles to King Louis XVI. Another change was the increasing power of the newly established middle class‚ which would result in the monarchy becoming obsolete. The angry and easily manipulated peasants‚ who were used by the bourgeoisie
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CAUSES OF THE FRENCH REVOLUTION 1. Describe the leadership of Louis XVI (16th) of France. indecisive leader/ easily persuaded put off financial problems. French support for the colonists in the American War of Independence had brought the country to the verge of bankruptcy agreed to summon the ’estatesgeneral’ (a form of parliament‚ but without real power) in order to try and raise taxes. people were angered by Louis’ refusal to allow the three estates the first (clergy)
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French Revolution Questions The Outbreak of the Revolution: 1) French society around 1789 was split into three groups of people or the Three Estates. The First Estate consisted of the clergy or the leaders of the church. The Second Estate were the nobles who were highly privileged. The Third and final estate consisted of peasants‚ city workers‚ and the middle class‚ all of which were taxes heavily and underprivileged. 2) The complains of the Third Estate were they were being taxed to heavily
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Explain the key features of ‘The Terror’ The Terror was a phase during the French Revolution when many people of France were executed for supposedly being ‘Enemies of the Revolution’. The Committee of Public Safety were behind most of the deaths and they were lead mainly by Maximilien de Robespierre. The greatest factors of the Terror were the revolution itself‚ internal political rivalry‚ social and economic problems‚ wars‚ leadership‚ violence and the Thermidorian reaction. These can be broadly
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Cornell Notes | Topic/Objective: French Revolution | Name: Sam Roberts | | | Class/Period: Western World History | | | Date: | Essential Question: What were the causes‚ significant events‚ and results of the French Revolution? | | Questions: | Notes: | 1. What were the Three Estates? | a. First Estate- the estate made up of members of the clergy that made up less than 1% of the population‚ owned around 10% of the land and paid a 2% income tax. | | b. Second Estate- the
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