State any five causes for the empty treasury of France under Louis XVI
Answers
Answer:
1. Long years of war had drained the financial resources of France.
2. The cost of maintaining the extravagant palace of Versailles.
3. 10 percent increase in state credit loans which the government had to pay.
4. Expenses on daily basis.
5. Help received by 13 America colonies from France against a common enemy also had huge expenses.
The following are the reasons for the withdraw of empty treasure of France under the rule of Louis XVI-
1) Hundred years of war between England and France.
2) This war has lead France in a high debt.
3) France has helped 13 American colonies to gain their independence from British rule but they didn't ever returned their sympathy.
4) Maintenance of huge population at high debt.
5) The unjust system of taille and tithes to be taken from the third estate.