Causes and Impacts of the French Revolution Research Paper

Causes and Impacts of the French Revolution - Research Paper Example However, the long period of revolution had positive impacts for the country as the citizens acquired equal rights and terminated the oppressive regimes that had continuously oppressed the rights of the public. It marked an end for unreasonable tax policies, oppression of peasants, and the decline of dictatorship. From this perspective, the French revolution was an expression of the political, financial and social crisis that had affected the country, and its results contributed to a positive transformation of France. The looming financial crisis in France was a major contributor to the events that occurred during the French revolution. By the end of 1789, France was in great debt and the country was already heading to the worst financial crisis. The country’s debts were as a result of the country’s participation in the Seven years’ war and the American Revolution war (De Tocqueville 12-19). The government of France had invested in the war and the country was already in a financial crisis at the time the war ended. Besides, the government was spendthrift and the country resources were used extravagantly. Consequently, the government was under pressure to devise ways to alleviate the crisis and fund its extravagant spending. The king was in fear that it would soon become hard to run the government if new strategies of the financial collection were no passed. When the government introduced burdensome tax policies, the Peasants were resistant and felt that the regime was becoming unbearable. The social activists mobilized the public to resist these changes. What followed was resistance to pay taxes as the peasants felt the need to fight for a fairer society which would be the government with economic balance. Therefore, an oppressive tax policy was the trigger that initiated the French revolution.

Rise in Corporate Debts Essay Example | Topics and Well Written Essays - 750 words

Rise in Corporate Debts - Essay Example The continuous increase in corporate debt has direct impacts on the financial health of any given sector and by extension other sectors of an economy. Companies with large amounts of debts are susceptible during economic recessions because their debts cannot be reduced or paid back easily. As a result, such companies are forced to limit their investments significant to their going concern in the markets (Talley 1). This may also call for downsizing of its human resource causing inefficiency in operations in both the short and the long run. These actions would result in a diminished overall productivity of a company. Moreover, it would also contribute towards an economic downturn as capital goods orders reduce and laid-off workers cut back purchases. When heavily indebted companies succumb to the economic pressures, and the financial crisis persists, bankruptcy sets in. this leads to potentially large losses and costs to creditors, employees and all stakeholders. In addition, the article states that the likely cause of the increase in corporate debt is driven by weak balance sheets owned by several companies. In addition, weak levels of profitability have prompted firms to borrow in order to sustain their basic operations (Talley 1). According to research conducted by global banking group, the high-yield corporate issuances of loans in Europe increased by 50% as compared to the year 2012. Some of these loans were issued to riskiest terms in relation to their economic operations. These business organizations’ financial health can be measured using leverage, liquidity and their overall solvency. In these corporations, leverage is defined as the ration of a company’s debt to its long-run earnings capacity. Companies with high debt levels as compared to their ability to earn profitable are vulnerable to the global economic troubles. Liquidity refers to a business organization’s ability to clear its debt obligations relative t o their long-term profitability. Low liquidity in a firm leads to difficulties in meeting debt repayment obligations. Solvency indicates the corporate health status of a firm that includes capital, revenue, profitability, leverage and liquidity. These characteristics explain reasons for