The main reasons why french was in serious economic trouble in the late 1700s, according to the article posted by Nick Robinson updated on June 25th of 2018 were the following:
- Excessive Spending:
The economic problem facing french was unsupportable levels of government spending.
- Poor Tax Collection:
The wealthiest groups in France were virtually exempt from paying taxes.
- Income Inequality:
They had barely enough money to feed themselves.
-Skyrocketing Food Prices:
The problem described above created ongoing economic stagnation, but a series of crop failures in the 1780s sparked a true crisis.