why was treasury empty when Louis XVI ascended the throne
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(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.
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The Treasury was empty because of reasons mentioned below
The Treasury was empty because of reasons mentioned below1. cost for maintaining the palace Versailles.
2. American war of independence
3. high interested loans
4.regular expenses such as army, court, government offices.
5.tax was paid only by the 3rd estate.
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