What were the causes for the empty treasure of France under Louise XVI?
Answers
Answered by
1450
1. long years of war had drained France from its financial resources and added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.
2. the government needed money to maintain the court, the army, the government, offices etc.
3. under Louis XVI. France helped the thirteen American colonies to gain freedom from common enemy Britain.
Answered by
832
1.Under Louis XVI,France helped the thirteen American colonies to gain freedom from common enemy Birtain.The war added more than a thousand livres to a depth that was already rising.
2.Long years of war had drained the financial resources of France and added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.
3.Moneylenders started giving state credit and started charging 10% interest on loans.Therefore the government was obliged to spend an increasing amount of its money in paying the interest loans.
2.Long years of war had drained the financial resources of France and added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.
3.Moneylenders started giving state credit and started charging 10% interest on loans.Therefore the government was obliged to spend an increasing amount of its money in paying the interest loans.
Similar questions