Questions and Answers
What did Louis XVI find upon ascending the throne of France?
An empty treasure
Why did the French government have to spend an increasing amount of its budget on interest payments?
Due to lenders charging high interest rates on loans
Which palace was known for its extravagance during Louis XVI's reign?
Palace of Versailles
What was the main reason for France's increasing debt during Louis XVI's rule?
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Which estate in French society had to bear the burden of paying taxes in the eighteenth century?
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What impact did France's involvement in assisting the American colonies have on its finances?
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What was the financial impact on France due to its assistance to the American colonies in gaining independence?
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Why did lenders who previously gave credit to the French state start charging 10 percent interest on loans?
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What was the primary reason for France being forced to increase taxes during Louis XVI's reign?
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How did France's involvement in assisting American colonies affect the state's budget in terms of interest payments?
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What burden did only the members of the Third Estate have to bear in French society during the eighteenth century?
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How did maintaining an army contribute to France's financial challenges under Louis XVI?
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