"The French Monarchy Was Absolute, but Not Absolute Enough

question 60

Essay

"The French monarchy was absolute, but not absolute enough." What is the meaning of this statement, and does it contribute to an understanding of why revolution broke out in France and not elsewhere?

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Definitions:

Owner's Equity

The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest of the owners.

Ledger

A comprehensive collection of a company's accounts, where transactions are recorded in detail.

Account

A report or record that maintains the details of each financial transaction a company engages in.

Accounts Receivable

Money owed to a business by its customers from the sale of goods or services on credit.