Final answer:
The Palace of Versailles served as a symbol of the French monarchy and demonstrated Louis XIV's importance. It was a residential palace for Louis XIV and successive French monarchs, and also hosted various forms of entertainment.
Step-by-step explanation:
The Palace of Versailles served multiple functions during Louis XIV's reign. Firstly, it was designed to emphasize and demonstrate the importance and grandeur of Louis XIV himself, as he invited the French aristocrats to live at Versailles and wait upon him. Additionally, Versailles was a residential palace for Louis XIV and successive French monarchs from 1682 to 1789. Furthermore, Versailles became a center for entertainment, hosting parties, ballets, balls, hunts, and receptions.