History, asked by ramaikoranne2, 6 months ago

why did Louis XVI take loans from the bankers in his reign France???

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Answered by Rours

3

Answer:

With the government deeply in debt, Louis XVI was forced to permit radical reforms. He felt unqualified to resolve the situation and surrounded himself with experienced finance ministers. ... His greatest financial measures were the use of loans to help fund the French debt and increasing interest rather than taxes.

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