The Asena Crisis in the Nomy of 1794

Domestic economy had been doing m ok for most of 17 94, but which was trending in a bad direction by the end of the year. One of the leading indicators of the health and stability of the nomy was the value of the assena. The collapse of the asena was actually one of the reasons the convention had been so willing to invest power in a strong executive committee. But when the terror was abandoned after turmidor, the whip hand keeping everyone in economic line was removed.