French Nobility - Economic Status

Economic Status

Economic studies of nobility in France reveal great differences in financial status. At the end of the 18th century, a well-off family could earn 100,000–150,000 livres per year, although the most prestigious families could gain two or three times that much. For provincial nobility, yearly earnings of 10,000 livres permitted a minimum of provincial luxury, but most earned far less. The ethics of noble expenditure, the financial crises of the century and the inability of nobles to participate in most fields without losing their nobility contributed to their poverty.

In the 18th century, the Comte de Boulainvilliers, a rural noble, posited the belief that French nobility had descended from the victorious Franks, while non-nobles descended from the conquered Gauls. The theory had no validity, but offered a myth for an impoverished noble class.

Read more about this topic:  French Nobility

Famous quotes containing the words economic and/or status:

    Our country has deliberately undertaken a great social and economic experiment, noble in motive and far- reaching in purpose.
    Herbert Hoover (1874–1964)

    The influx of women into paid work and her increased power raise a woman’s aspirations and hopes for equal treatment at home. Her lower wage and status at work and the threat of divorce reduce what she presses for and actually expects.
    Arlie Hochschild (20th century)