Answer:
The wretched extravagance of the French led to mounting debts and eventually the French Revolution.
Explanation:
During the 16th-17th Century, France was the most powerful European nation with a strong army, rich trading relations and huge political influence on the continent.
However, as the national became more wealthy the average person still lived in poverty. Peasants in the country-side could barely afford food while the aristocracy in Paris enjoy the life of luxury.
Eventually, the country began to run out of money and had to take on debt. Taxes were raised to compensate and increase the income of the state.
However, this resulted in a revolt and culminated in the overthrow of the French King.
The wretched extravagance of the French lead to the French Revolution in 1789.
The French Revolution began with an economic crisis in France that forced the middle class to pay high taxes.
The high taxes allowed the government to fill the coffer to overcome the financial crisis, which remained empty when Louis XVI became the emperor.
The third estate paid all the taxes in France.
King Louis XVI's support of the war proved expensive and pushed towards bankruptcy.
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