The bourgeois were the wealthiest members of the Third Estate. The bourgeois mainly consisted of prosperous businessman who eventually sparked the French Revolution. By modern standards, the bourgeois would be considered middle class.
The Third Estate was the largest estate because it was made up of everyone else not included in the first two. Although the Third Estate accounted for 98 percent of the population, members of this estate had almost no political power. The system of the Three Estates under the rule of a monarch became known as the “Old Regime” in France because the system was soon to be replaced.Learn More
Globalization is driven by international trade and investment and aided by information technology. It is the process of interaction and integration among the people, companies and governments of different nations, states Globalization 101, a website of the Levin Institute.Full Answer >
The basic rights that form capitalism's foundation include the right to own private property and the right to own a business and keep profits after taxes are paid. In addition, capitalism supports the freedom to compete and the freedom of choice.Full Answer >
A secondary ecological succession will follow the destruction of the vegetation in an ecosystem, even if it has been completely destroyed in a major forest fire, provided that the soil has been left intact. Seeds brought into the area by wind or by animals, or seeds that were left below the soil before the disturbance, will take root and become the pioneer plants of the secondary succession. Herbaceous plant growth, such as grass, will begin to grow first, followed by bushes and the first-emerging trees, and lead ultimately to a restoration of the original ecosystem.Full Answer >
Price elasticity of demand is an economic concept that can be computed by dividing the percent of change in quantity demanded of a good by the percent of change in the price of the same good. The concept is that changing the price of a good can alter demand for it.Full Answer >