Question

In: Economics

how the economy in France was affected during the great blight of wine during the time...

how the economy in France was affected during the great blight of wine during the time period of 1850 to 1900 Headings

• Statistics and figures on how economy went down, best to support it with a small graph


it will be a great help if you provide the source of the answer

Solutions

Expert Solution

Sources: 1. https://www.smithsonianmag.com/smart-news/american-bugs-almost-wiped-out-frances-wine-industry-180954619/

2. https://io9.gizmodo.com/how-the-great-french-wine-blight-changed-grapes-forever-1691598233

  • The root cause of the blight was Phylloxera aphid named small insect like animal that attached itself to the best wines in France and destroyed it completely.It is how the cause looked like.

Impact on the Economy:

  1. Phylloxera, an insect that attacks the roots of grape vines, destroyed 40 percent of French vineyards between 1863 and 1890, causing major income losses in wine-growing departments Because the insects spread slowly from the southern coast of France to the rest of the country, phylloxera affected different regions in different years.
  2. Those born in affected regions were about 1.8 millimeters shorter than others at age 20. This estimate implies that children of wine-growing families born when the vines were affected in their regions were 0.6 to 0.9 centimeters shorter than others by age 20. This shows the grave consequences of it on human capital in France.
  3. The loss in department agricultural income during the crisis probably ranged between 16 and 22 percent in these regions, where 67 percent of the population was living in rural areas just before the crisis (and 57 percent was living directly from agriculture income).
  4. Rough estimates suggest that fall in department income in wine-producing regions during these years may have ranged between 10-15% in the years of the crisis . During that time France was also a Developing country and its Economy was predominantly dependent on wine production. So such double digit shock affected it badly.

Note: Concrete reliable facts on different estimates are not available. The above facts has been collected from a research paper.

Hope it serves the purpose.


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