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The label Huguenot was purportedly first applied in France to those conspirators (all of them aristocratic members of the Reformed Church) involved in the Amboise plot of 1560: a foiled attempt to wrest power in France from the influential House of Guise.The move would have had the side effect of fostering relations with the Swiss.Geneva was John Calvin's adopted home and the centre of the Calvinist movement.In Geneva, Hugues, though Catholic, was a leader of the "Confederate Party", so called because it favoured independence from the Duke of Savoy through an alliance between the city-state of Geneva and the Swiss Confederation.The "Hugues hypothesis" argues that the name was derived by association with Hugues Capet, king of France, who reigned long before the Reformation.He was regarded by the Gallicans and Protestants as a noble man who respected people's dignity and lives.

Persecution of Protestants officially ended with the Edict of Versailles (Edict of Tolerance), signed by Louis XVI in 1787.

This also means, however, that should there be a decline in income its demand will drop.

Income elasticity of demand is not constant with respect to income, and may change sign at different levels of income.

LUXURY GOODS: In economics, a luxury good is a good for which demand increases more than proportionally as income rises, in contrast to a "necessity good", for which demand is not related to income.

Luxury goods are said to have high income elasticity of demand: as people become wealthier, they will buy more and more of the luxury good.

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Huguenot numbers peaked near an estimated two million by 1562, concentrated mainly in the southern and western parts of France.

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