what were the causes for the financial crisis during the Time of Louis XVI give 7 points and describe them briefly
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answer is as follows
Explanation:
1. France love war so large amount was spend on war
2. maintaining huge palace live palace of Versailles cost alot.
3. France enemy was britan so they fought to free 13 American colonies due the war government was debut.
4.people who gave loan to govt. start taking it back with 10 % as interest a large amount of money get wasted in giving interest.
5. other expenditure like to maintain govt. buildings.
6. also govt. have to spend lot on soldiers food salary and facility.
7. for the war they need weapon large amount went in buying them
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