Social Sciences, 18.10.2019 10:00, jack626259

What were the reasons of empty treasury?

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The correct answer was given: bhavya1650

It was
cost of maintaining
palace
university
office and other government building made the Treasury empty

The correct answer was given: ritikkhatana235

Explanation:

The reasons for empty treasury in France are:

1) Maintanence of luxurious pplace of versailes.

2) High maintenance cost of courts, armies etc.

3) Long years of war.

4) The government has taken loan from money lenders who charged high interest rate.

5) Help 3 amerivan colonies to gain imdependenCE from Britain.

The correct answer was given: Firdaus17f

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.

The correct answer was given: jack626259

i dont know what are u saying

The correct answer was given: vinit3880

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. The condition was served when under Louis XVI, France helped the thirteen American colonies to gain their independence from Britain. (ii) The king's court at the immense palace of Versailles was extravagant. A huge amount of money was required for its maintenance. (iii) Taxes were levied only on third estate and exempted first and second estates which were rich. (iv) The war with Britain added more than a billion livres to a debt that had already risen to more than 2 billion livres. (v) Lenders who had given the state credit, now began to change 10 per cent interest on the existing loans. So, the French government had to spend an increasing percentage of its budget on interest payment.

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The correct answer was given: riddhima95

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The correct answer was given: Vsinghvi

What were the reason behind an empty treasury upon the access of Louis 16 in 1774?

The reason behind an empty treasury upon the access of Louis 16 in 1774 was mostly king of France like Louis 16 are pleasure loving, extravagant. They regard the national income as their personal in come. Louis 16 squandered the money in wars, and luxurious life of king and queen. Able ministers like Turgot and Necker tried to improve the financial condition of the state but they were dismissed.

The correct answer was given: daniya0

The 'Treasury' of France was not empty as such during the Reign of Louis XVI. However, the economic condition was strained to a certain extent, mainly due to the support France was giving to the American Revolution. Other theories claim that it was the limitless spending and luxurious lifestyles that the people had to afford for the Royalty and the Aristocracy that was draining the coffers. The people at that time certainly believed so and pinned much of the blame for almost all on France's troubles on Queen Marie Antionette (wrongly so). The only crisis France faced at that time was a serious shortage of bread. Otherwise, under the reign of Louis XVI , France was one of the richest nations and a leading power of Europe (and the rest of the world).

or

1.Under Louis XVI,France helped the thirteen American colonies to gain freedom from common enemy Birtain.The war added more than a thousand livres to a depth that was already rising.

2.Long years of war had drained the financial resources of France and added to this was the cost of maintaining an extravagant court at the immense palace of Versailles.

3.Moneylenders started giving state credit and started charging 10% interest on loans.Therefore the government was obliged to spend an increasing amount of its money in paying the interest loans.

4.The government needed money to maintain the court,the army,the government universities and offices.

The correct answer was given: helper6462

The correct answer was given: Brain

answer:

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The correct answer was given: Brain

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