1) Peasants in France constituted 80% of the population but lost half their income to taxes and feudal dues paid to nobles and the church. Government debt from wars and spending by previous kings left France facing bankruptcy in 1789. 2) The Estates General was convened for the first time since 1614 to address the financial crisis. The Third Estate declared itself the National Assembly against aristocratic privilege of the first two estates. 3) Key events of the French Revolution included the storming of the Bastille prison, publication of the Declaration of the Rights of Man, and the women's march on Versailles which forced the royal family to relocate to Paris.