Excessive spending and poor harvests lead to a financial crisis in France (jan 1, 1786 – dec 31, 1789)
Description:
Much funds had been spent by the government funding the American Revolution. The nation was in debt, and some new taxes were needed to solve it. Bad harvests also caused economic hardship.Added to timeline:
Date:
jan 1, 1786
dec 31, 1789
~ 4 years