Reasons for the empty treasciry subsistence crisil
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The five causes for the empty treasury in France under Louis XIV were : a) Long years of war had drained the financial resources of France. b) High cost of maintenance of immense palace of Versailles and court. c) Under Louis XIV, France helped the 13 American colonies to gain independence.
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(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.
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