Louis XVI and France's Financial Troubles Quiz
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Louis XVI and France's Financial Troubles Quiz

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@The Shadow Monarch

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Questions and Answers

What did Louis XVI find upon ascending the throne of France?

  • A surplus of financial resources
  • An empty treasure (correct)
  • A flourishing economy
  • A strong military

    • Why did the French government have to spend an increasing amount of its budget on interest payments?

  • To decrease the taxes on the Third Estate
  • To fund the maintenance of government offices
  • Due to lenders charging high interest rates on loans (correct)
  • To support the American colonies in gaining independence

    • Which palace was known for its extravagance during Louis XVI's reign?

  • Palace of Louvre
  • Palace of Versailles (correct)
  • Palace of Tuileries
  • Palace of Fontainebleau

    • What was the main reason for France's increasing debt during Louis XVI's rule?

    <p>Maintaining an extravagant court at Versailles</p> Signup and view all the answers

    Which estate in French society had to bear the burden of paying taxes in the eighteenth century?

    <p>Third Estate</p> Signup and view all the answers

    What impact did France's involvement in assisting the American colonies have on its finances?

    <p>Increased the national debt by over a billion livres</p> Signup and view all the answers

    What was the financial impact on France due to its assistance to the American colonies in gaining independence?

    <p>It added more than a billion livres to the existing debt.</p> Signup and view all the answers

    Why did lenders who previously gave credit to the French state start charging 10 percent interest on loans?

    <p>To compensate for the financial losses incurred during the war.</p> Signup and view all the answers

    What was the primary reason for France being forced to increase taxes during Louis XVI's reign?

    <p>Maintenance of an extravagant court at Versailles.</p> Signup and view all the answers

    How did France's involvement in assisting American colonies affect the state's budget in terms of interest payments?

    <p>It required a significant portion of the budget just for interest payments.</p> Signup and view all the answers

    What burden did only the members of the Third Estate have to bear in French society during the eighteenth century?

    <p>Paying the majority of taxes.</p> Signup and view all the answers

    How did maintaining an army contribute to France's financial challenges under Louis XVI?

    <p>It required a substantial portion of the state's budget.</p> Signup and view all the answers

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