MA
Answered
How did the policies of Napoleon III help transform the French economy?
On Sep 22, 2024
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.