Describe and Explain Absolutism Under Louis XIV

question 13

Essay

Describe and explain absolutism under Louis XIV.How absolute was absolutism?

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Definitions:

Credit

An accounting entry that increases the balance of liabilities and equity accounts or decreases the balance of an asset or expense account.

Horizontal Analysis

A financial analysis technique that evaluates the changes in the amounts of financial statement items over a period.

Sales

The total amount of goods or services sold by a company during a specific period of time, indicating the company's primary revenue generation activity.

Horizontal Analysis

A financial tool used for comparing financial statements over two or more periods, focusing on the growth, decline, or consistency across those periods.