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France's debt resulted from several factors, including costly military engagements such as the American Revolutionary War, which strained the national treasury. Additionally, mismanagement of finances, excessive spending by the monarchy, and an inefficient tax system that placed a heavy burden on the lower classes contributed to the fiscal crisis. The combination of these issues, along with rising public discontent and economic stagnation, ultimately led to the financial turmoil that precipitated the French Revolution.
What else can I help you with?
What effect did the national debt have on France?
NOTHING the national debt was completely irrelevant.
What is the fine line difference between commercial debt and consumer debt?
Consumer debt is governed by the FDCPA....commercial debt is not.
What services do Debt Relief of America provide?
They offer debit consolidation loans, debt settlement, debt management, and debt negotiation services to help people manage their debt payments so they can one day get out of debt.
What is the difference between a liquidated debt and an unliquidated debt?
The difference between an unliquidated debt and a liquidated debt is this: Liquidated Debt: A debt that has an exact monetary value. Unliquidated Debt: A debt that is undisputed as to its amount, but still under the liability of the debtor. Each one of these debts has a statute of limitations to it. I believe they stand at 3 years for liquidated debt, and 6 years for unliquidated debt. These numbers are for Colorado and can change from state to state based on their rulings.
What does third world debt?
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
How did several 18th Century wars hurt the French monarchy?
they left France deeply in debt
What effect did the national debt have on France?
NOTHING the national debt was completely irrelevant.
Was France in debt?
All of the answers are correct.
France was in debt because .?
All of the answers are correct.
Who was owed huge debt left over from the American Revolution?
France and the Netherlands.
During the French Revolution what was wrong in France?
France had a massive National debt and a broken tax code.
Which among the following European countries is facing debt crisis?
France
Why did the revolution occur in France?
It was caused becacuse of the massive French National Debt.
The fundamental cause's of the French Revolution?
France was a Nation with a huge National debt.
Why was directory in France overthrown in 1799?
Directory was ruling France with a very less development and France was going in debt day by day. it ruled for four years.
How did Louis XVI put France deeper in debt?
His support of the American Revolution added to the French debt and advanced the economic crisis which lead to his downfall.
What were the causes of French Revolution in France?
The French National debt and a broken tax code.
