Question

On ascending the throne of France Louis XVI found the treasury empty? Why was the treasury empty? ☺️☹️‍❤️‍‍‍❤️‍‍‍❤️‍‍❤️‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍‍️️️❤️❣️✍️☝️✋✌️✊️⌚️️⛑️⚰️☠️️️️️️️☎️️✉️✒️️️️‍️️✏️️️️️️️️️️️️️️️️️️️️️✂️✂️⌨️⌨️️️️️⛺️️️️️️️️️〽️️️️⛩️

Answer 1

The causes for empty treasury at the time of his accession were as follows :—

1. The financial resources of France had drained due to the long years of war.
2. The high cost of maintaining an extravagant court at the immense palace of Versailles also added to the financial drain.
3. France had helped 13 American colonies to gain their independence from Britain. This increase the debt to more than 2 billion livres.