Is it true that when Louis XVI took the throne, he increased taxes.

see full answer

Start JEE / NEET / Foundation preparation at rupees 99/day !!

21% of IItians & 23% of AIIMS delhi doctors are from Sri Chaitanya institute !!

An Intiative by Sri Chaitanya

True

False

answer is A.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

The above statement is true.
When Louis XVI took the throne, he increased taxes.
France's financial resources have been depleted through many years of war. France assisted the thirteen American colonies in achieving their independence from their mutual enemy, Britain, during the reign of Louis XVI. A debt of almost 2 billion livres was increased during the war. Lenders who had previously extended credit to the government now charge 10% interest on loans. As a result, the French government was forced to devote a growing portion of its budget to interest payments only. The state was compelled to increase taxes to cover its ongoing costs, including those associated with running its institutions, courts, government offices, and armies.

Watch 3-min video & get full concept clarity

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th

🔥 Start Your JEE/NEET Prep at Just ₹1999 / month - Limited Offer! Check Now!

Get Expert Academic Guidance – Connect with a Counselor Today!

Result Producing online coaching for JEE/NEET of south India

Largest All India Test Series for JEE/NEET

Best Books for IIT JEE

Best Books for NEET

How to Join IIT after 10th