State any five causes for the empty treasury of France under Louis XVI.
The five causes for the empty treasury of France under Louis XVI were:
• Financial crisis – Due to the frequent wars.
• A Large amount was also spent to maintain the court at the Palace of Versailles.
• Under the rule of Louis XVI, thirteen American colonies were helped to become independent from Britain, who was their common enemies. This resulted in the increase of almost a billion Livres (it was the unit of currency in France).
• Lenders – they provided financial help to the state started charging 10 per cent interest on loans which resulted in the state paying more for the interest alone.
• To maintain court, army, government universities and offices, the state forced to increase the taxes.
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