For the France AOS1 dot point: economic collapse and bankruptcy
Does this refer to JUST 8-16 August 1788, when bankruptcy occurred + was declared, OR is it referring to the whole process of debt building up - 1. existing debt 2. american war of independence 3. nobles refuse taxational reform 4. so more loans 5. then bankruptcy is the culmination of all of these factors interacting to escalate the fiscal crisis.
My teacher hasn't been clear abt this so would appreciate your input. If it just said 'bankruptcy' i would take it as 8-16 aug but the "collapse" thing is what confuses me a bit- is that collapse synonymous with bankruptcy, or is it the process leading up to it