Question

Mention 3 reason which led to financial decline of france

Answer 1

• LONG YEARS OF WAR HAD DRAINED THE FINANCIAL RESOURCES OF FRANCE
• ADDED TO THIS WAS THE EXTRAVAGANT COST OF MAINTAINING THE IMMENSE PALACE OF VERSAILLES
• UNDER LOIUS 16 FRANCE HELPED 13 AMERICAN COLONIES TO FREE FROM THE COMMON ENEMY BRITAIN
• LENDERS WHO GAVE STATE CREDIT NOW BEGAN TO CHARGE 10 PERCENT INTEREST ON LOANS

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