What did the French do to get the money they needed?
They offered to sell the entire Louisiana Territory to the United States
The French government used various methods to get the money they needed, including:
1. Imposing taxes: The French government imposed a variety of taxes on its citizens, including income taxes, property taxes, and sales taxes. These taxes were used to raise revenue to fund government activities and services.
2. Borrowing money: The French government also borrowed money from both domestic and international sources, issuing bonds and other debt instruments to raise capital. This allowed the government to finance its activities and infrastructure projects, such as building roads and bridges.
3. Seizing church lands and property: During the French Revolution, the government seized the lands and property of the Catholic Church and sold them off to raise revenue. This was known as the “nationalization” of church property and was a major source of income for the government.
4. Printing money: The French government also resorted to printing more money, which led to inflation and devaluation of the currency. This was a last resort measure and had negative effects on the economy in the long run.
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