What is Livre? How much debt under the country France was during French Revolution?
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Answer:
it was the currency of France
In 1774, Louis XVI becomes the king of France and faces empty treasury due to long years of war which drained financial resources and discontent within the society was increasing.
He helped 13 American colonies to gain their independence from the common enemy, Britain. This war added more than 3 billion livres for which the moneylenders began to charge 10% interest on loans.
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THE CURRENCY OF THAT TIME WAS PROMOTED AS LIVRE.
PLZ CAN YOU MARK ME AS THE BRAINLIEST.
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