France grows to be a leading economic power leading

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•France grows to be a leading economic power. • Leading naval power and a strong force in oversea trade and colonization. Palace of Versailles •Huge palace built by Louis XIV outside of Paris –Relocated French government there •So expensive and elaborate that it strained the French economy –Represented the grandeur and power if the monarchy •Used the Palace to control nobles •Versailles became the ideal for European royalty Spanish War of Succession •Who would be next king of Spain •Throne left to Louis’s grandson •Other European Countries did not want Spain and France untied •Battled in Europe, North America, and at sea •French defeat after defeat •Treaty of Utrecht –Louis grandson could be king but France and Spain could not join
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Treaty of Utrecht •Louis grandon could be king provided France and Spain monarchies could not be united. •Gave French lands in North America to Britain •Wars took a toll –Military efforts cost many lives and stained French treasury. –Nobles won back powers he had taken from him –Successors were comparatively weak rulers Louis XV •Great Grandson of Louis XIV •Reigned for 59 years •Was weak ruler •Debts begins to grow causing economic crisis •Expensive habits turned people against him •Borrowed more and more money •”It will survive for my time. After me, the deluge.
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