How Would the Philosophes Evaluate the Financial and Administrative Systems

question 45

Multiple Choice

How would the philosophes evaluate the financial and administrative systems of France before the Revolution?

• A) Tariffs helped the individual states as well as the state.
• B) Provinces were united under national laws.
• C) The system was an insult to reason
• D) A system of weights and measures helped generate intra state commerce
• E) Laws dating back to the feudal system had been deleted or upgraded.

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Definitions:

Terminal Illness

A disease or condition that is deemed incurable or irreversible and is expected to lead to the death of the patient within a short period of time.

Adverse Selection

A situation in financial markets where sellers have information that buyers do not, leading to transactions in which the buyer is at a disadvantage.

Life Insurance

This is a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries when the insured dies.

Corporate Bond Portfolio

A diversified collection of corporate bonds held by an investor or institution aimed at achieving specified financial goals.