Friday, January 4, 2008

France and Economics

Louis XVI during his reign put France into a great debt due to the constant spending of France's money on materialistic things, which his wife Marie Antoinette was greatly at fault for. Furthermore, France's involvement in the American Revolution also had put France in tremendous debt. Because of this France struggled to take part in Western mercantilism from the insufficent funds for ships and good transport. Peasents were also in a troublesome situation, there was potential for a famine.

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