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France was carrying substantial debt in the late 18th century primarily due to its involvement in costly wars, including the Seven Years' War and the American Revolutionary War, which strained its finances. Additionally, inefficient tax collection and a tax system that exempted the nobility and clergy exacerbated the fiscal crisis. The government's inability to reform these financial practices led to increasing public discontent and ultimately contributed to the outbreak of the French Revolution in 1789.
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Why was France carrying so much debt by the late 18th century?
The country had fought in several wars and helped to finance the American Revolution.
How did several 18th Century wars hurt the French monarchy?
they left France deeply in debt
Why was France in so much debt by the 18th century?
They had fought or helped in several wars.
How was the French monarchy hurt by fighting in 18th Century wars?
Type your answer here... France was left with lots of debt to pay
During the French Revolution what was wrong in France?
France had a massive National debt and a broken tax code.
Why was France carrying so much debt by the 18th century?
The country had fought in several wars and helped to finance the American Revolution.
Why was France carrying so much debt by the late 18th century?
The country had fought in several wars and helped to finance the American Revolution.
How did several 18th Century wars hurt the French monarchy?
they left France deeply in debt
Why was France in so much debt by the 18th century?
They had fought or helped in several wars.
How did 18th century wars hurt the French monarchy?
they left France deeply in debt
How did several 18th-century wars hurt the French monarchy?
they left france deeply in debt
How was the French monarchy hurt by fighting in 18th Century wars?
Type your answer here... France was left with lots of debt to pay
Why was France carrying so much debt by the late 18 century?
the country had fought in several wars and helped to finance the american revolution
How did several century wars hurt french monarchy?
they left France deeply in debt
When was Great Book of the Public Debt created?
The Great Book of the Public Debt was created during the reign of the French King Louis XIV in the late 17th century. It was initiated in 1683 to centralize and manage the growing public debt of France.
What would founding fathers think Americas current debt?
It was not unusual to borrow money, even in the 18th century; the Revolutionary War itself was financed with borrowed money, so the founding fathers would be somewhat understanding about America's debt, although they, like the rest of us, would not be happy about the extremely large size of that debt.
What effect did the national debt have on France?
NOTHING the national debt was completely irrelevant.
