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Five causes for the empty treasury of France under Louis XVI are:
(i) Long years of war had drained the financial resources of France.
(ii) High cost of maintenance of immense palace of Versailles and court.
(iii) Under Louis XVI France helped the thirteen American colonies to gain independence.
(iv) War added to a debt.
(v) Lenders began to barge high interest on loans.
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What were reasons behind an empty treasury upon the accession of Louis XVI in 1774?
Answer:-
Aain causes for an empty treasury in France under King Louis XVI:
- Long years of war had drained the financial resources of France.
- High cost of maintenance of immense palace of Versailles and court.
- Under Louis XVI France helped the thirteen American colonies to gain independence. This further depleted the royal treasury of France.
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