Well the third estate was being treated very poorly. France was in debt so they had to tax someone. Not the 2 richest ones, the first and second estate, why not the poorest estate which makes up 90-95% of France.#KingLouisMistakes
He taxed the third estate which was already suffering from poverty. The king also took away a lot of money to build Versailles.
Hope that helped.
Because money creates a standard <u>unit of account</u> it is possible to compare the prices of two goods, which allows people to communicate the <u>value</u> of the goods in a way that is easily understood. This characteristic of money also enables it to serve as a <u>recording</u> device, or a way to measure accounts and transactions in a consistent manner
<h3><u>Explanation:</u></h3>
- To understand this in a better way money is a medium of exchange between the two parties.
- This becomes possible to compare the prices of the goods which one buys from other.
- It is a store of value of the goods. This is a unit of account that keeps the measure of all the transaction held.
- Money is best defined as with its three main features
