The social order of pre-Revolutionary France was composed of three states: the 1st state was made up of clergymen, the 2nd state included all the nobility, and the 3rd state was formed by the rest of the population of France, including the peasantry, the bourgeoisie, and the city workers.
The experiences of the nobility and the bourgeoisie were very different during this period. The nobiity included around 1-2% of the population of the country. They were mostly exempt from taxes and for the most part, did not have a job. On the other hand, the bourgeoisie was a large percentage of the population, and carried a significant tax burden. This class was the most educated and wealthiest part of the 3rd State, and they resented the privileges of the nobles, in particular the tax exemptions. The conflict between these classes was a reason for the French Revolution.
The Great Society<span> was a set of domestic programs in the United States launched by Democratic President Lyndon B. Johnson in 1964–65. The main goal was the elimination of poverty and racial injustice.</span>
One of the major causes of the stock market crash of 1929 was "<span>(1) excessive buying of stocks on margin" although it should be noted that there were several major factors.</span>
Shows how much a company's assets that are financed through debt
