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Why was there a financial crisis in France? (3 reasons)

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Answer:

  1. An outdated medieval bureaucratic institutions
  2. Drained Treasury
  3. An inefficient and unfair tax structure.

Step-by-step explanation:

The above reasons created a financial crisis in France. Which was the result of aiding the American people during the American revolution, long wars with England, overspending and an inequitable tax system.

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