What was affecting the French economy in the late 1700?

What was affecting the French economy in the late 1700?

A central economic problem facing France throughout the late 1700s was unsupportable levels of government spending. The French King Louis XV accumulated huge debts building the famous palace at Versailles and waging wars against his neighbors.

What were the problems in France in the late 1700s?

Throughout the 18th century, France faced a mounting economic crisis. A rapidly growing population had outpaced the food supply. A severe winter in 1788 resulted in famine and widespread starvation in the countryside. Rising prices in Paris brought bread riots.

What were the causes of France’s economic troubles in the late 1700s?

Financial Crisis of the 1780s In the late 1700s, France was facing a severe financial crisis due to the immense debt accrued through the French involvement in the Seven Years War (1756–1763) and the American Revolution (1775-1783).

What economic issues did France have during the French Revolution?

Economic problems

• France had been bankrupt since its involvement in the American War of Independence in 1776.
• The poorest section of the population paid the most taxes.
• Tax collectors were corrupt, so not all the taxes reached the state treasury.

What was the economic crisis in France caused by?

The crisis came about primarily because of an inefficient and unfair tax structure, outdated medieval bureaucratic institutions, and a drained treasury which was the result of aiding the Americans during the American Revolution, long wars with England, overspending, and an inequitable tax system which placed the burden …

What was the economic condition of France before the French Revolution?

The economic condition of France before 1789 was: King and the Queen lived luxurious and royal life whereas poverty and hunger were spreading in the countryside. Due to the natural calamities, harvests were completely destroyed resulting in subsistence crisis.

What was the economic cause of the French Revolution Brainly?

Answer: The correct answer is C – The government’s decision to rise taxes to pay its huge debts.

What were the problems of the late 1700s in France?

Excessive Spending. A central economic problem facing France throughout the late 1700s was unsupportable levels of government spending. The French King Louis XV accumulated huge debts building the famous palace at Versailles and waging wars against his neighbors.

What economic problems set the stage for the French Revolution?

Economic stagnation, turmoil and crisis reverberated through the county for years before finally boiling over in the late 1780s. These economic problems set the stage for the French Revolution. A central economic problem facing France throughout the late 1700s was unsupportable levels of government spending.

Why did France have poor tax collection in the 1800s?

Poor Tax Collection. While French spending was growing larger, its tax revenues were shrinking. The wealthiest groups in France were virtually exempt from paying taxes. The nobility and clergy contributed nothing to state coffers, while the peasant classes endured high tax rates.

What caused the fiscal crisis of the 18th century?

The pattern of excessive spending left France in a perpetual state of fiscal crisis throughout the latter half of the 18th century. While French spending was growing larger, its tax revenues were shrinking. The wealthiest groups in France were virtually exempt from paying taxes.