Reasons Why French Industrialization Was Slower Than British Include All

question 30

Multiple Choice

Reasons why French industrialization was slower than British include all of the following except

• A)the upheaval and wars of the French Revolution.
• B)slower population growth.
• C)lack of overseas trade.
• D)a more prosperous peasantry.
• E)resistance from the government who favored land owners.

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Definitions:

Discretionary Fiscal Policy

Government policy actions, such as changes in taxation or spending, intentionally made to influence economic activity.

Falling Output

A situation where the quantity of goods or services produced by an economy decreases over time.

World Interest Rates

The average level of interest rates across different countries, significantly influenced by major economies' monetary policies.

Real Interest Rates

The interest rate adjusted for inflation, reflecting the real cost of borrowing or the real yield on savings.