On ascending the throne of France, Louis XVI found the treasury empty. Why was the treasury empety?
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In 1774, Louis XVI of the Bourbon family of kings ascended the throne of France. He found an empty treasury. The causes for it was (i) Long years of wars had drained the financial resources of France. ... So, the French government had to spend an increasing percentage of its budget on interest paymen
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In 1774, Louis XVI of the Bourbon family of kings ascended the throne of France. ... The causes for it was (i) Long years of wars had drained the financial resources of France. The condition was served when under Louis XVI, France helped the thirteen American colonies to gain their independence from Britain.
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