USA HISTORY

Detailed explanation-1: -On May 5, 1789, Louis XVI convened the Estates-General. Almost immediately, it became apparent that this archaic arrangement-the group had last been assembled in 1614-would not sit well with its present members.

Detailed explanation-2: -The political and financial situation in France had grown rather bleak, forcing Louis XVI to summon the Estates General. This assembly was composed of three estates – the clergy, nobility and commoners – who had the power to decide on the levying of new taxes and to undertake reforms in the country.

Detailed explanation-3: -State Assembly Was this answer helpful?

Detailed explanation-4: -French involvement in the Seven Years’ War and the American War of Independence added substantially to the state’s debts. Jacques Necker, finance minister from 1777 and 1781, had largely funded France’s war effort through loans. As a result the state debt ballooned to between 8 and 12 billion livres by 1789.

Detailed explanation-5: -Louis XVI called an assembly of Estates General to pass proposals for new taxes on 5th May 1789. The Estates General represented the French estates in the realm. This law was brought to an end when the Third Estate was formed and created in the National Assembly.