Analysis: To support the thesis that despite different histories and cultures, France and the United States have different economic outcomes, I use data from the World Factbook to compare different taxed systems in France and the U.S. as a comparative measure of the standard of living. I also use data from the World Factbook to compare different unemployment rate as a measurement of comparative efficiency. Finally, I use such data from the World Factbook to establish the difference of public debt and how many people are below the poverty line in each country as comparative measures of economic security.
France efforts on their workers and wellbeing who in turn made their economy suffer has a public debt of 95.5% of GDP. The need to change their labor market and promote more job growth has been a challenge for this country. The taxes the French people pay are about 54% of the
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However, the higher taxes that the French people pay allows them to have better social benefits. Unlike France, America does not an abundance of social benefits for retirements, work injuries, and pensions unless qualified. They would have to sign up for insurances and pay monthly fees. America is 15.1 under the poverty line, which is greater than France’s rate of 8.1 under the poverty line. France has a way of spending excessively and puts a heavy burden the economic performance. France’s workers are unable to save and invest, and build businesses to work to strengthen the economy. The unemployment in France is 9.9% of the labor force. On the other hand, America has an unemployment rate of 5.2% of their labor force, which is almost half of France’s unemployment rate. But to keep in mind, America has a significantly higher population then France, therefore their labor force can still provide economic growth within the country.
The French Republic is a sovereign state comprising territory in western Europe and several overseas regions and territories. As a member of G7 France ranked as the world’s seventh largest economy. It also has the mixed economy which combines private enterprise and government intervention. France’s economics are unstable, but it is still very competitive in the world. The reason why its economics is denounced is because its high unemployment rate and its extremely unstable CPI.
The United States and France though very far away from each other have a lot income with they way they were started. The United states was not always the great nation it is now. Infact they were under the rule of the British until the American Revolution. Shortly after the American Revolution the people of France became inspired. The people of France got rid of the monarchy and killed the royal family then created the national assembly.Even though these two countries begin so different the belief that it is a right to have life and liberty made them very similar.
The taxation of the poor, as opposed to the rich, added a lot to the debt of the French. The people were being taxed for everything, and therefore were unable to pay for food or almost anything (Document 1). The illogical taxation of the poorest Estate led to even more debt, as it was unlikely the people would be able to fully pay said taxes. The American Revolution also contributed greatly to the debt. As aforementioned, the French contributed greatly to the weaponry and the naval forces of the Americans. The war drained a lot of money from the French government, as the cost of ships and soldiers was
The third article states those that agree to this Alliance shall indeed utilize the principles of God and Christianity to shape the destinies of mankind of which they have influence over” (Hoehn, Jeffrey). France at this point in time had a very big population. And most of the time if you have a lot of people you are going to want to have a lot of money. Which France struggled because they like America now only really had a upper class and a lower class. The gap for them was very thin.
The French economy is one built on capitalism and trade. Exporting many goods to areas like Africa, Asia and even the United States; roughly 27% of France’s Gross Domestic Product (GDP) is earned through manufactured goods that are exported (EW World Economy Team, 2013). In 2008 France suffered from a major financial crisis that hurt the economy. Since then the economy has been slowly recovering and continued an upward trend to this day. Each year it averages around 1.1% growth (Murphy & Romei, 2017). While this is not always above the average of the rest of other European nations as a whole, it is constant. As far as trade goes, France is the 9th largest trading partner
In some reports France has had several economic and governmental issues, but these problems don’t affect us. I think if they did America and others would have a problem. With being in the European affairs it aids to us to because of the support we get and give. When something happens to us, Europe will come and help and support us in any way they can and us to them when they’re in trouble. Like for
Respond to the question: How do you think the male-female breakdown of the population would have affected life in New France at that time?
There were many things that brought about the development of the economy in New France. They ranged from simple things like fishers and traders and then developed into a global scale market, with trade passing to and from Europe and New France regularly. This process evolved from a simple fishing operation to a market-driven colony with a massive network of trading posts, which in turn began the fur trade and monopolies which later led to the industrial development of New France.
By French’s lower class was unhappy as they were being treated. Like the Americans, the French were also in debt from war, they entered the Seven Years War by using borrowed money. In order to pay the it off, the king, Louis XIV, levied a large tax, however the people refused to pay. Both wars were caused by similar reasons, but were started by completely different kinds of people. One started by all different kinds of people, but led by the upper class and the other by the lower class of country. In essence, Americans intended to break away to form a new government and establish a new country, whereas in France, the intent was to replace or change the existing government. Taxation played a role in both wars, however, the people’s objections to the taxes in each country were dissimilar. Americans objected to the fact that colonists had no say in how the collected taxes were spent, or taxation without representation. However, American revolutionaries themselves were financially successful and lived relatively comfortable lives. In contrast, the revolting French peasants were starving and destitute as a result of over-taxation, and thus their fight was in part driven by survival instincts. French revolutionists also objected to the inequality in the
One of the economic issues that caused the French Revolution is financial difficulties because in document A it states, ¨ The First Estate were the Clergy which meant that 1% of the people owned 10% of the land and paid no taxes.” It also states, “The Second Estate were the Nobles which meant 2% of the people owned 35% of the land and paid 2% of income in taxes.¨ Finally, it states, ¨The Third Estate were the middle class, peasants, and the city workers which meant 97% of the people owned 55% of the land and paid 50% of their income in taxes.¨ This shows that they were doing unfair taxes and soon they realized they were unable to meet their needs and becoming more poor.
and in France, the employers and the employees split the cost of insurance each pay period. In the U.S., insurance premiums can’t be pre-determined because of the “risk” classification, and that of different group sizes looking for coverage. The average employed person in the United States pays roughly $6,000 a year, in France; the average employed person pays about $3000.
Instead of paying taxes like the americans the french force people to pay taxes and taxes went way up during the Seven Years War. The people in france had to pay taxes for the government instead of paying taxes to another country. French people wanted everybody to worship one religion and that was christianity and the popes are one of the highest leaders under the king of course. Americans didn’t care what the citizens worship but the french people were very strict about their religion. Also the French people back then was ruled under a king so they were a monarchy government unlike the american people wanting to get out of a monarchy
By 1848, they were fed up of the way Louis Philippe was ruling and demanded a change to the way their country was run. Over 800,000 people were unemployed in France during the crisis in 1846, meaning winter time was particularly difficult for the people of France during the
France, which is the largest nation in Western Europe, is a presidential republic. France is a very important nation in Europe and it continues to be involved in contemporary policy issues. Helping the world as one of the great trading nations, France is a very important trading partner with the United States. Not only is France important to the United States, they are also important to countries all over the world. Their abundance of both mineral and agricultural resources make them a very important supplier of products all over the world. I chose to report on France because it is an interesting county and I wanted to learn more about it.
Social insurance is also a different facet of the welfare system in France. One example of social insurance is unemployment insurance. If one loses their job, the person receives 35% of the income that he or she received while employed. For those that are unable to work due to age or disabilities, the government has an assistance program in place. The French also have a pension system that is similar to Social Security in the United States. The system is a “pay as you go” one. Both the employer and employee give to this pension fund. Once the individual is old enough, he or she will receive this retirement money (Wingert).