Question

State any eight causes for the empty treasury of France under Louis XVI

Answer 1

Answer:

(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.