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Agricultural Recession
The lower class is forced to work harder and is taxed more. The upper classed is forced to increase sources of their revenue. -
Supporting Patriots
France supports the Patriots in the American Revolution, causing more debt -
Wars and more debt.
Wars are fought against Britain and Austria. Military spending causes more debt. -
Charles Alaxandre de Calonne
Charles called an assembly to convinve the upper class to get out of national debt by paying more taxes. -
The third estate
Nobles and many clergy join them and swear the Tennis Court Oath