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How did protective tariffs affect France's economy under Louis-Philippe?
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Louis-Philippe
Louis-Philippe, detail of a portrait by F.X. Winterhalter; in the Chateau de Versailles, France.
Under the reign of Louis-Philippe, also known as the July Monarchy, the government implemented high protective tariffs to shield French entrepreneurs from foreign competition.12
These tariffs were a key component of the economic policies championed by François Guizot, who served as the leading figure in the ministry from 1840 to 1848. By protecting domestic production, the government fostered an environment that encouraged industrial growth. This strategy contributed to an economic boom during the 1840s, which marked the beginning of France's transition from a largely rural society into an industrial society.12