(i) On the night of 4th August, 1789, the assembly passed a decree abolishing the feudal
system of obligations and taxes. Members of the clergy were forced to
give up their privileges.
(ii) Tithe, a tax levied by the Church,
comprising one-tenth of the agricultural produce, was abolished and
lands owned by the Church were also confiscated. As a direct consequence
of these measures taken by the government, the government acquired
assets worth at least 2 billion livres.
(iii) France now became a
Constitutional monarchy. Powers instead of being concentrated in the
hands of one person were now separated and assigned to three different
institutions, the Legislative, the Executive and the Judiciary. This made France a constitutional monarchy.