unit7seminar - Financial Crisis was happening all around...

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Financial Crisis was happening all around France.The decadence of the monarchy, along withother factors like war and poor harvests, led to an extreme financial crisis in France during thesecond half of the 18th century. People were going hungry and it appeared as if the monarchyjust continued to spend carelessly. At the time of the Revolution, Marie Antoinette and Louis XVIwere known for spending carelessly. Marie Antoinette is frequently credited with callouslysaying, "Let them eat cake" in response to finding out that Parisians were starving. However, it isprobably more accurate to say that she was in fact totally unaware of the people's suffering.Louis XVI further added fuel to the fire by dismissing financial ministers who tried to bring aboutreform.Social Inequalities was also very prevalent during this time.18th century France was still under afeudal system which further served to breed contempt of the poorer classes towards the
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French Revolution, Louis XVI, Marie Antoinette, Louis XVI of France, Louis XVIII of France

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