How did american wars of independence add more debt to france

Question

How did american wars of independence add more debt to france

Florence 2 years 2021-08-30T15:51:32+00:00 0

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  1. Adela
    0
    2021-08-30T15:52:39+00:00
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    Answer:

    The treasury of the France was empty on accounts of long wars of American war of independence the luxurious life of the king and faulty system of taxation. This add more debt to the state of France

  3. Agatha
    0
    2021-08-30T15:53:05+00:00
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    Answer:

    France under Louis XVI aided thirteen American colonies to gain freedom from their common enemy- the British. They financed the freedom movement and this cost more than a billion livres (currency unit) of debt. Even after America gained freedom they escaped from repaying the money. This put France in severe debt leading to an empty treasury.

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