why was treasury empty when louis( in 4 points)?
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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.
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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
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