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France was basically bankrupt. King Louis XVI gave millions of dollars to the Americans in their fight for independence from England. Marie Antoinette spent money lavishly every day. King Louis XVI tried raising taxes on the Third Estate of France (the commoners )which was 97% of the population. The Third Estate revolted, broke away from the Estates General (the French legislature) and formed its own legislature, the National Assembly. After the storming of the Bastille, the National Assembly took control of the government and dramatically changed the tax structure of France.

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12y ago

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Q: What economic troubles did France face in 1789?
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