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Revolutionary France from 1789 onwards experienced large political and economic upheavals. 1789 marked the beginning of the Revolution over an already crumbling monarchy, in London lay stored away the greater part of the world's stock of gold and silver, and, as after the Seven Years' War nearly every country in Europe had to borrow from London, the basis of European economic structure was changed from wealth to debt. Among these nations France became the more heavily involved, …

…cotton industry grew and pastoralisation increased. The unemployment rate also increased due to the slack in production and the lowering of investment in traditional industries that had collapsed due to the blockade of raw materials that were cheaper as an import. The effects of these periods were felt for many years after and France has often been seen as economically set back in its growth, perhaps the monetary trends of this era played a part.