‘Long years of war had drained the financial resources of France. Elucidate it.
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Long years of war had drained the financial resources of France and along with it was the cost of maintaining an extravagant court at immense palace of Versailles thereby leading to drain out french treasury.
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Long years of war had drained the financial resources of France as France under King Louis XVI had helped the 13 American colonies to gain their Independence from the Britain. the war added more than a billion livres to a debt that has already risen to more than two billion livres.
Extra Information:
Livres:- Currency in France use at that time and discontinued in 1794.
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