France's economy focuses heavily on chemical industry, which serves as the springboard for many of its other manufacturing activities. Tourism is also a large part of the French economy, as France is one of the most popular and iconic tourist destination in the world—the capital city of Paris, in particular. InFrance ranked as the wealthiest European country with 2.
Town life and trade declined and society became based on the self-sufficient manor.
What limited international trade existed in the Merovingian age — primarily in luxury goods such as silkpapyrusand silver — was carried out by foreign merchants such as the Radanites. Agricultural output began to increase in the Carolingian age as a result of the arrival of new crops, improvements in agricultural production, and good weather conditions.
However, this did not lead to the revival of urban life; in fact, urban activity further declined in the Carolingian era as a result of civil war, Arab raids, and Viking invasions. The Pirenne hypotheses posits that at this disruption brought an end to long distance trade, without which civilisation retreated to purely agricultural settlements, and isolated military, church and royal centres.
When trade revived these centres became the nucleus of new towns and cities around which suburbs of merchants and artisans grew. The High Middle Ages saw a continuation of the agricultural boom of the Carolingian age. In addition, urban life grew during this period; towns such as Paris expanded dramatically.
The 13 decades from to spawned a series of economic catastrophes, with bad harvests, famines, plagues and wars that overwhelmed four generations of Frenchmen. The population had expanded, making the food supply more precarious. The bubonic plague " Black Death " hit Western Europe inkilling a third of the population, and it was echoed by several smaller plagues at 15 year intervals.
The French and English armies during the Hundred Years War marched back and forth across the land; they did not massacre civilians, but they drained the food supply, disrupted agriculture and trade, and left disease and famine in their wake.
Royal authority weakened, as local nobles became strongmen fighting their neighbors for control of the local region. Finally, starting in the s, a long cycle of recuperation began.
Early modern France Figures cited in the following section are given in livre tournoisthe standard "money of account" used in the period.
Comparisons with modern figures are extremely difficult; food items were comparatively cheap, but luxury goods and fabrics were very expensive. In the 15th century, an artisan could earn perhaps 30 livres a year; a great noble could have land revenues from to 30, livres or more.
Renaissance[ edit ] The economy of Renaissance France was, for the first half-century, marked by a dynamic demographic growth and by developments in agriculture and industry. UntilFrance was the most populated country in Europe and the third most populous country in the world, behind only China and India.
With an estimated population of 17 million in20 million in the 17th century, and 28 million inits population exceeded even Russia and was twice the size of Britain and Holland.
Paris was one of the most populated cities in Europe, with an estimated population ofby the end of the 18th century. Agricultural production of a variety of food items expanded: The South grew artichokesmelonsromaine lettuceeggplantsalsifysceleryfennelparsleyand alfalfa.
After New World crops appeared such as beanscorn maizesquashtomatoespotatoesand bell peppers. Production techniques remained attached to medieval traditions and produced low yields. With the rapidly expanding population, additional land suitable for farming became scarce.
The situation was made worse by repeated disastrous harvests in the s. Industrial developments greatly affected printing introduced in in Paris, in Lyon and metallurgy. The introduction of the high-temperature forge in northeast France and an increase in mineral mining were important developments, although it was still necessary for France to import many metals, including copperbronze, tinand lead.
Mines and glasswork benefited greatly from royal tax exemptions for a period of about twenty years. Silk production introduced in Tours in and in Lyon in enabled the French to join a thriving market, but French products remained of lesser quality than Italian silks.
Wool production was widespread, as was the production of linen and of hemp both major export products. After Paris, Rouen was the second largest city in France 70, inhabitants inin large part because of its port. To increase maritime activity, Francis I founded the port city of Le Havre in Market fairs occurred four times a year and facilitated the exportation of French goods, such as cloth and fabrics, and importation of Italian, German, Dutch, English goods.
It also allowed the importation of exotic goods such as silks, alumglass, woolsspicesdyes. Regional markets and trade routes linked Lyon, Paris and Rouen to the rest of the country. In subsequent decades, English, Dutch and Flemish maritime activity would create competition with French trade, which would eventually displace the major markets to the northwest, leading to the decline of Lyon.Hamlet's Love for Ophelia From Shakespearean Tragedy an analysis of the soliloquies of richard in richard iii by A.
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Great answers to your frequently. France - Economy: France is one of the major economic powers of the world, ranking along with such countries as the United States, Japan, Germany, Italy, and the United Kingdom.
Its financial position reflects an extended period of unprecedented growth that lasted for much of the postwar period until the mids; frequently this period was referred to as the trente glorieuses (“thirty. Published: Mon, 5 Dec This report provides is conduct from the analysis of the current and prospective market trend between United State and France as the convergence and divergence, along with the comparative analysis among the cost of doing business, value of money issue, popularity, as well the corruption and bribery of these two countries.
Virtually all countries in Europe struggled in one way or another in trying to cope with the changes coming about in the 16th and 17th centuries. France, for instance, had the same kinds of problems as the rest of Europe: political, social and economic tension made worse by religious division.
For the first few years of the 21st Century, wealth per adult grew at an exceptional rate in France, tripling in value between and When the global recession occurred, France's economy entered later and emerged earlier than most comparable economies, with just four quarters of contraction.
Financial crises directly result in a loss of paper wealth but do not necessarily result in significant changes in the real economy (e.g. the crisis resulting from the famous tulip mania bubble in the 17th century).