What were the causes for the empty treasury of France under Louis 16? Accees any three causes
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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
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
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The following are the reasons for the withdraw of empty treasure of France under the rule of Louis XVI-
1) Hundred years of war between England and France.
2) This war has lead France in a high debt.
3) France has helped 13 American colonies to gain their independence from British rule but they didn't ever returned their sympathy.
4) Maintenance of huge population at high debt.
5) The unjust system of taille and tithes to be taken from the third estate.
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