unit7seminar - Financial Crisis was happening all around France The decadence of the monarchy along with other factors like war and poor harvests led to

unit7seminar - Financial Crisis was happening all around...

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Financial Crisis was happening all around France. The decadence of the monarchy, along with other factors like war and poor harvests, led to an extreme financial crisis in France during the second half of the 18th century. People were going hungry and it appeared as if the monarchy just continued to spend carelessly. At the time of the Revolution, Marie Antoinette and Louis XVI were known for spending carelessly. Marie Antoinette is frequently credited with callously saying, "Let them eat cake" in response to finding out that Parisians were starving. However, it is probably 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 about reform. Social Inequalities was also very prevalent during this time. 18th century France was still under a feudal system which further served to breed contempt of the poorer classes towards the

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