why was treasury empty when Louis xvi assented the throne of France
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because the king looted all the wealth well before........
priya934:
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Why was the Treasury of France empty when Louis XVI ascended the throne of France?
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Shrey Bhardwaj, Student
Answered Jun 2, 2018
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
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3 ANSWERS

Shrey Bhardwaj, Student
Answered Jun 2, 2018
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
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