USA HISTORY

MAKING OF A NEW NATION 1776 1800

THE FRENCH REVOLUTION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What did King Louis XIV propose to stimulate France’s economy and repay government debt?
A
Increasing taxes on the Third Estate.
B
War with Prussia
C
Taxing the Second Estate
D
Splitting with the Catholic Church
Explanation: 

Detailed explanation-1: -Louis XIV began his personal reign with effective fiscal reforms. He chose Jean-Baptiste Colbert as Controller-General of Finances in 1665, and Colbert reduced the national debt through more efficient taxation.

Detailed explanation-2: -Solution: Maintenance of and extravagant Court: France under various kings had an extravagant court at the Palace of Versailles. Wars and Economic Crisis: Long drawn wars already put a lot of pressure on the royal coffers. Which was followed by helping the thirteen American colonies to gain independence.

Detailed explanation-3: -Causes of debt The French Crown’s debt was caused by both individual decisions, such as intervention in the American War of Independence and the Seven Years’ War, and underlying issues such as an inadequate taxation system.

There is 1 question to complete.