why was the treasury of france empty ?
Answers
Answered by
2
Explanation:
In 1774, Louis XVI of the Bourbon family of kings ascended the throne of France. He found an empty treasury. The causes for it was (i) Long years of wars had drained the financial resources of France. ... So, the French government had to spend an increasing percentage of its budget on interest payment.
Answered by
0
Answer:
Five causes for the empty treasury of France under Louis XVI are:
(i) Long years of war had drained the financial resources of France.
(ii) High cost of maintenance of immense palace of Versailles and court.
(iii) Under Louis XVI France helped the thirteen American colonies to gain independence.
(iv) War added to a debt.
(v) Lenders began to barge high interest on loans.
Similar questions