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How did Necker's ?Compte Rendu' (1781) lead to the revolutionary situation in 1789?
In 1781, the widely respected and trusted Jacques Necker released his much awaited account on the financial position of the Kingdom of France, the ?Compte Rendu'. Translated literally to ?account rendered', the assessment was a clear fabrication of the financial state of France ? claiming incorrectly that government had $10 million livres in surplus - when in fact it was on the brink of bankruptcy...
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How did Necker's ?Compte Rendu' (1781) lead to the revolutionary situation in 1789?
In 1781, the widely respected and trusted Jacques Necker released his much awaited account on the financial position of the Kingdom of France, the ?Compte Rendu'. Translated literally to ?account rendered', the assessment was a clear fabrication of the financial state of France ? claiming incorrectly that government had $10 million livres in surplus - when in fact it was on the brink of bankruptcy...
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