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Also, France became very involved with other surrounding nation's trade market. The French government also borrowed much money to pay for the wars of Louis XIV. Louis continued to borrow money to fight wars and to keep French power alive in Europe. These costs greatly increased the national debt, which was at the time, already too high...
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The problem with this is that the French were not profiting from the investments that they made, and this is what caused them to be in such great economic debt. This debt lead to the heavy taxation of peasants to make up for losses, and an eventual revolution. What could the French government have done to prevent these mistakes? They should have learned from their first mistakes and had not continued to suffer from them...
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