Question

State any five causes of the impitey treasury in France under Louis 16

Answer 1

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1.under Louis 16,France helped the 13 American colonies to gain freedom from enemy Britain.
2. long years of war had drained France from its finicial resources and added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.
3.the govt needed money to maintain the courts,the army,the govt etc......
4.moneylenders started giving state credit and started charging 10% intrest on loans.....


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Answer 2

In 1774,Louis XVI of the Bourbon family of Kings ascended the Throne of France.Hf found an Empty treasury

•The causes for it were

1.The king's court at the immense palace of Versailles Palace was extravagant

2.Long years of War had been the financial resources of France.The condition was serve when under Louis XVI France helped the 13 American colonies to gain their Independence from Britain

3.Lenders who had given the State Credit now began to charge 10% interest on the existing loans.So,the French government had to spend an increasing percent of his budget on interest payment

4.The war with Britain added more than a billion levers to a dept

5.Taxes were levied only on the third state and extended the first and second States with who were rich