state any five causes for empty treasure of under Louis xvi
Answers
Answer:
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.
Answer:
There were many reasons why France had a bad economy and empty treasury. They are as follows;
Explanation:
- France was helping 13 American colonies gain independence from their common enemy .
- France borrowed a loan from money lenders who were now charging 10% more interest.
- The cost of maintaining an extravagant court at the palace of Versailles.
- The cost of running all government offices, schools and institutions.
- Also bad harvest meant bad and non surplus production which led to a unsuccessful trade and export.