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Questions and Answers
What was the financial state of France when Louis XVI ascended the throne?
What was the financial state of France when Louis XVI ascended the throne?
- The treasury was overflowing with wealth from successful trade with America
- The treasury was empty due to long years of war and maintaining an extravagant court at Versailles (correct)
- The treasury was stable due to careful financial management
- The treasury was partially drained due to domestic expenses
What added to the already existing debt of France during Louis XVI's reign?
What added to the already existing debt of France during Louis XVI's reign?
- Expansion of trade with other European nations
- Investment in infrastructure development
- Successful economic reforms within France
- Assisting the thirteen American colonies in gaining independence from Britain (correct)
Why did the French government have to spend an increasing percentage of its budget on interest payments alone?
Why did the French government have to spend an increasing percentage of its budget on interest payments alone?
- The government faced a severe economic recession
- The cost of maintaining the court at Versailles was exceptionally high
- The government excessively increased its military expenses
- Lenders began charging high interest rates on loans given to the state (correct)
Which estate of French society paid taxes during the 18th century?
Which estate of French society paid taxes during the 18th century?
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What is usually used to describe the society and institutions of France before 1789?
What is usually used to describe the society and institutions of France before 1789?
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