Question

What were the causes of empty treasure of France ? mention any four

Answer 1

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

Answer 2

There were various factor which led to an empty Treausury in France:-

• Long years of war drained the financial resources of France, The war in the American colonies against the common enemy Britain add more than a billion livres to their debt.
• Cost maintaining an extravagant court at the immense Palace of Versailles.
• Lenders who gave money to the state charged a high rate of interests 10% on the loan.