The Burden of Debt
Here are a few more websites about France's debt!
http://suite101.com/article/financial-causes-of-the-french-revolution-a131519 http://faculty.ucc.edu/egh-damerow/french_revolution.htm |
France's government was in a bad position because they had been spending more money then they had in the past years. The king loved to have banquets and parties and show off all his posessions to his guest, but he was massively over spending his money. Another reason why France was in debt was because they spent a ton of money from the treasury on the Seven Years war. All of these contributed to France's debt.
Here are some websites talking all about the reasons for France's debt! http://www.open.salon.com/blog/rw005g/2010/04/24/war_debt_and_tax_avoidance_causes_of_french_revolution http://www.history.com/topics/french-revolution |
Additional Info.
Seven Years WarFrance's part in the Seven Years War was when they were fighting over colonies in America with Spain and Britain. This war started 1754 with the conflict of who would control the Ohio Valley. Most of you probably know this war by the name "The French and Indian War". France spent a good amount of money on this war which left them poor.
For you curious people, here is a website giving you all the info you need about this war. http://www.history.com/this-day-in-history/the-seven-years-war-begins |