Explain the causes for the empty treasury of France under Louis XVI. for 5 marks
Answers
Answer:
Five causes for the empty treasury of France under Louis XVI are:
(i) Long years of war had drained the financial resources of France.
(ii) High cost of maintenance of immense palace of Versailles and court.
(iii) Under Louis XVI France helped the thirteen American colonies to gain independence.
(iv) War added to a debt.
(v) Lenders began to barge high interest on loans.
Explanation:
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The following are the reasons for the withdraw of empty treasure of France under the rule of Louis XVI-
1) Hundred years of war between England and France.
2) This war has lead France in a high debt.
3) France has helped 13 American colonies to gain their independence from British rule but they didn't ever returned their sympathy.
4) Maintenance of huge population at high debt.
5) The unjust system of taille and tithes to be taken from the third estate.