7
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1answer
118 views

How did France balance the budget by 1738?

I recently read (Citizens by Simon Schama) that France had a per capita debt of two-thirds of the annual income of a carpenter or tailor in 1714. By 1738 France had managed to balance the budget ...
4
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1answer
666 views

How much did helping the American Revolution cost France?

I recall reading somewhere that the expenses of the war were ruinous for France and that the gains didn't offset them, this being one of the causes that forced Louis XVI to convene the Estates ...