Social Sciences, asked by snk87, 1 year ago

why was the royal treasury empty when Louis XVI ascended The Throne

Answers

Answered by harshavardhan123
3
The kings before Louis XVI spend large sums of money to maintain the courts at Versailles. Also, they spend money for war needs. 
Answered by Anonymous
7
Hey Mate

Here is your answer

The following were the reasons of an empty Treasury when Louis XVI ascended the throne:

> Long years of war had drained the financial treasury of France

> France helped the 13 American colonies to hain independence from their common enemy, Britain.

>The cost of maintaining the extravagant court at the immense palace of Versailles was huge.

> Only the 3rd estate was paying taxes, not the 1st and 2nd which included clergy and nobility respectively.

> Lenders started putting 10% interest on loans

Hope it helps



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