What Effect Did Law's Actions Have On France
1. What happened to the shares in the Mississippi Company? How did people react?
Law overtold the wealth of Louisiana which made people want to go buy stock from the Mississippi Company. Which led to The French Government telling the people that they committed a fraud, and that any investors, they have they couldn't be payed.
2. What effect did Law’s actions have on France?
France’s financial development was brought to the ground from the downfall and brought the people of France and the markets off the paper money.
3. Why was gold and silver important?
The reason gold and silver was important was because it always had a set price that people could rely on.
4. What did Rothschild do with the gold that he had after Napoleon was defeated?
Rothschild
Law overtold the wealth of Louisiana which made people want to go buy stock from the Mississippi Company. Which led to The French Government telling the people that they committed a fraud, and that any investors, they have they couldn't be payed.
2. What effect did Law’s actions have on France?
France’s financial development was brought to the ground from the downfall and brought the people of France and the markets off the paper money.
3. Why was gold and silver important?
The reason gold and silver was important was because it always had a set price that people could rely on.
4. What did Rothschild do with the gold that he had after Napoleon was defeated?
Rothschild