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During the Seven Year's War France lost most of its overseas treasure to Great Britain. The resulting economic damage almost destroyed the monarchy. However, some of the economy was repaired in the 1760's by the minister, the duc de Choiseul.
Because Louis XIV and Louis XV spend way to much money and left a huge state debt. Louis XVI inherited that debt as he ascended the throne (a debt of 400 million livres.)
What else can I help you with?
Following the Spanish-American War nations in the Caribbean and Central America were deeply in debt to?
European nations
What was one reason that Frances debt under Louis xvi was so large?
The French government had helped fund the American Revolution.
How did several 18th Century wars hurt the French monarchy?
they left France deeply in debt
Why did Louis XVI's France such a large national debt?
The French government had helped fund the American Revolution.
What is American government debt?
American government debt, often referred to as the national debt, is the total amount of money that the U.S. federal government owes to creditors. This debt accumulates through the issuance of government bonds and other securities to finance budget deficits, where expenditures exceed revenues. It comprises both public debt, owed to external investors, and intragovernmental holdings, which are debts owed to various government trust funds. The national debt is a critical economic indicator, influencing interest rates, inflation, and overall economic policy.
Why did Louis xvis France face such a large national debt?
The French government had borrowed money to support the American Revolution.
The reign of Louis XVI was predominantly concerned with?
Solving the government's debt.
Following the Spanish-American War nations in the Caribbean and Central America were deeply in debt to?
European nations
Why was the british government so deeply in the debt at the start of the 1760's?
During the 1760's Britain was so in debt from borrowing so much money for the war.
During Mexico's financial crisis when the government was deeply in debt and unemployment and prices were high who became president?
Miguel de la Madrid Hurtado
During Mexico financial crisis when the government was deeply in debt and unemployment and prices were high became president?
Miguel de la Madrid Hurtado
The National Assembly voted to pay off the huge government debt by selling lands owned by?
louis XVI
Why did Louis France face such a large national debt?
The French government had borrowed money to support the American Revolution.
How is oxygen debt paid?
by breathing rapidly and deeply.
What statements is true about the debt owed by the French government under Louis XVI in 1789?
The French debt was far worse than the debts of other European monarchs, as in England or Austria.
What was one reason that Frances debt under Louis xvi was so large?
The French government had helped fund the American Revolution.
What major endeavor had put the French government in serious debt by 1789?
The Seven Years Wars followed by the French support of the Patriots during the American Revolution when added to the debt inherited from previous Kings by the government of King Louis XVI created an economic crisis.
