What was the reason for empty treasury when Louise ascended the thrown
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The reason for empty treasury when king Louis XVI ascended the throne were :
• The earlier kings have spent a lot on their daily standards to live a lavish life.
• They lended a lot of money to other countries to wage wars.
• They spent a lot on military expenditures.
• The earlier kings lended money to people who did not return to the new king.
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This was because
- THEY SPENT IN FREEDOM FOR GETTING AMERICAN COLONIES FROM BRITAN
- THEY SPENT IN FREEDOM FOR GETTING AMERICAN COLONIES FROM BRITAN THEY HAVE MORE TAX TO PAY FOR THE LOAN THEY GOT FOR THE WAR
- THEY SPENT IN FREEDOM FOR GETTING AMERICAN COLONIES FROM BRITAN THEY HAVE MORE TAX TO PAY FOR THE LOAN THEY GOT FOR THE WARDUE TO LONG YEARS OF WAR
- THEY SPENT IN FREEDOM FOR GETTING AMERICAN COLONIES FROM BRITAN THEY HAVE MORE TAX TO PAY FOR THE LOAN THEY GOT FOR THE WARDUE TO LONG YEARS OF WARTO MAINTAIN THE EXTRAVAGANT PALACE IN VERSAILLES AND OTHER THINGS LIKE UNIVERSITY
- THEY SPENT IN FREEDOM FOR GETTING AMERICAN COLONIES FROM BRITAN THEY HAVE MORE TAX TO PAY FOR THE LOAN THEY GOT FOR THE WARDUE TO LONG YEARS OF WARTO MAINTAIN THE EXTRAVAGANT PALACE IN VERSAILLES AND OTHER THINGS LIKE UNIVERSITY THE MONEY LENDERS ALSO INCREASED THE INTREST BY 10 PERCENT
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