Answer:
Faced with the power of his revolting
subjects, Louis XVI finally accorded recognition to the National Assembly and
accepted the principle that his powers would from now on be checked by a
constitution. On the night of 4th August 1789, the Assembly passed a
decree abolishing the feudal system of obligations and taxes. Members of the
clergy too were forced to give up their privileges. Tithes were abolished and
lands owned by the Church were confiscated. As a result, the government
acquired assets worth at least 2 billion livres.
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