Asked by gillian williams on Apr 23, 2024

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How did the policies of Napoleon III help transform the French economy?

Napoleon III

Emperor of the French from 1852 to 1870, known for his expansionist foreign policy, modernization of the French economy, and the establishment of the Second Empire.

French Economy

Refers to the economic structure and systems of France, including its agriculture, industry, services, and position within the global economy.

  • Identify the shifts in the economy and key exports of France during the 1860s.
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MA
Mary-Juliet Anyaku7 days ago
Final Answer :
A strong answer would include
-an explanation of direct government attention to the economy,with emphasis on how government officials coordinated the activities of various departments and ministries while keeping close relations with businessmen.
-a discussion of how the government encouraged the establishment of mortgage and investment banks,which loaned money to businesses and stimulated the economy.
-an explanation of the fact that France exported huge amounts of capital,which helped building projects in other countries (Portugal,Egypt).
-an explanation of how the Bank of France became the main investor in the building of French railroads.
-an explanation of how the French government guaranteed to individuals a minimum return on their investments,thus encouraging investing.