The French Revolution was a significant milestone in European history,
             remembered by many in historical and literary works. The situation in France, mostly
             under the leadership of Louis XVI, had a negative influence in France, thus creating a
             perfect climate for the French Revolution. France was plagued by both debt, and poor
             France was poverty-stricken and burdened with some of the highest debts. On the
             financial side, Louis XVI was aided by: Finance Minister Anne Robert Jauques Turgot,
             and Interior Minister Chretien Guillaume de Lamoignon de Malesherbes (*The economic
             origins of the French revolution, pg. 4). Louis introduced some of the most oppressive
             taxes and instituted financial reforms. Greater reforms were prevented by the opposition
             of the upper classes and court. This opposition was so strong that Turgot was forced to
             resign and was replaced by Jauques Necker. Lengthy wars, the support to the American
             Revolution and the gross amount of taxes paid and the lavish spending of the court
             contributed to the huge national debt. The government's financial problems were made
             worse after 1740 by the renewal of costly wars (the French revolution, pg. 9). The war of
             the Austrian Succession (1740-1748) and the Seven Year's War (1756-1763) were
             European wars over the domination of central Europe and colonial and commercial wars
             between France and Great Britain (*Aspects of the French Revolution pg. ). At their
             end, in 1763 France had lost almost all of it's colonial empire in America and India. In
             1778 the French launched an attack against Britain in the American Revolution. They
             were hoping to weaken old rivalries and regain lost colonies. The hopes of the French
             were not realized and their participation in the war increased an already heavy national
             debt. After Louis XVI granted financial aid (1778-81) to the American colonies
             revolting against Great Brit...