Business Studies, asked by tisha1233, 1 year ago

what were the causes for the empty treasure of France under Louis XVI?assess any 3 cause

Answers

Answered by ransan17p4w2rn
1

The first part of his reign was marked by attempts to reform the French government in accordance with Enlightenment ideas. These included efforts to abolish serfdom, remove the taille (land tax) and the corvée (labour tax)[1], and increase tolerance toward non-Catholics as well as abolish the death penalty for deserters[2][3]. The French nobility reacted to the proposed reforms with hostility, and successfully opposed their implementation. Louis implemented deregulation of the grain market, advocated by his economic liberal minister Turgot, but it resulted in an increase in bread prices. In periods of bad harvests, it would lead to food scarcity which would prompt the masses to revolt. From 1776, Louis XVI actively supported the North American colonists, who were seeking their independence from Great Britain, which was realised in the 1783 Treaty of Paris. The ensuing debt and financial crisis contributed to the unpopularity of the Ancien Régime. This led to the convening of the Estates-General of 1789. Discontent among the members of France's middle and lower classes resulted in strengthened opposition to the French aristocracy and to the absolute monarchy, of which Louis and his wife, Queen Marie Antoinette, were viewed as representatives. Increasing tensions and violence were marked by events such as the storming of the Bastille, during which riots in Paris forced Louis to definitively recognize the legislative authority of the National Assembly. Louis XVI was initiated into masonic lodge Trois-Frères à l'Orient de la Cour[4].

Louis's indecisiveness and conservatism led some elements of the people of France to view him as a symbol of the perceived tyranny of the Ancien Régime, and his popularity deteriorated progressively. His disastrous flight to Varennes in June 1791, four months before the constitutional monarchy was declared, seemed to justify the rumors that the king tied his hopes of political salvation to the prospects of foreign intervention. The credibility of the king was deeply undermined, and the abolition of the monarchy and the establishment of a republic became an ever-increasing possibility.

In a context of civil and international war, Louis XVI was suspended and arrested at the time of the Insurrection of 10 August 1792; one month later, the absolute monarchy was abolished; the First French Republic was proclaimed on 21 September 1792. He was tried by the National Convention (self-instituted as a tribunal for the occasion), found guilty of high treason, and executed by guillotine on 21 January 1793, as a desacralized French citizen under the name of "Citizen Louis Capet," in reference to Hugh Capet, the founder of the Capetian dynasty – which the revolutionaries interpreted as Louis' surname. Louis XVI was the only King of France ever to be executed, and his death brought an end to more than a thousand years of continuous French monarchy. Both of his sons died in childhood, before the Bourbon Restoration; his only child to reach adulthood, Marie Therese, was given over to the Austrians in exchange for French prisoners of war, eventually dying childless in 1851.


tisha1233: it is too long
ransan17p4w2rn: then only write the last para coz that's meaningful for your question
tisha1233: ok
tisha1233: thanks.have a nice day
Answered by yadavsv09
1

Answer:

☆ The causes of empty treasure of France under Louis XV1 were as follows :-

1. Long years of wars with neighbours had drained with financial resources of the country.

2. France also helped the American colonies to gain independence after Britain which was a common enemy.

3. The king's court at the immense palace of \bold{versailles}versailles was extravagant. A huge amount of money was spent on its maintenance.

4. The war with Britain added over a billion (livres) to a debt that had already increased to more than 2 billion livres.

5. Lenders who had given that state credit, now began to charge 10% interest on the existing loans.

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