How did American war of independence made more dept with france?
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Hello!!
In addition to this, France assisted the thirteen American colonies to get independence from Britain. This increased the debt to another one billion livres. ... This made the French government to spend further on interest payments alone. Thus in order to meet the recurring expenses, the state was obliged to increase taxes.
Thanks!!
Answered by
3
Hello!!
In addition to this, France assisted the thirteen American colonies to get independence from Britain. This increased the debt to another one billion livres. ... This made the French government to spend further on interest payments alone. Thus in order to meet the recurring expenses, the state was obliged to increase taxes.
Thanks!!
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