Economic Difficulties (jan 1, 1778 – jan 1, 1787)
Description:
France experienced a depression from 1778 to 1787 as a result of a loss of overseas markets and overproduction. Prices of grain and wine fell by forty and fifty percent. Peasants faced increasing uncertainty as rent prices remained high due to a rapidly growing population. Poor harvests in 1788 and 1789 sent prices of wheat and rye soaring—leaving many desperateAdded to timeline:
Date:
jan 1, 1778
jan 1, 1787
~ 9 years