Question

What were the causes for the empty treasure of France under king Louis XVI ?

Answer 1

Louis XVI gave ĺend about two billon livres for thirteen american colonies. The long war between France and britain was also the reason for financial crysis and the money leanders started charging 10% extra intrest on the loan louis have taken frombthem.

Answer 2

1. Long years of war had drained the financial resources of France.
2. High cost of maintaining an extravagant court at the immense palace of Versailles.
3. Under Louis XVI , France helped thirteen American colonies to gain their independence.
4. The war added more debt
5. Lenders began to charge high interests on loans.