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France's Financial Crisis: Analyzing The Role Of The Finance Minister, Jadon B. Smith
France's Financial Crisis: Analyzing The Role Of The Finance Minister, Jadon B. Smith
Bound Away: The Liberty Journal of History
The downfall of France's Old Regime and the beginning of the French Revolution were largely caused by the financial crisis plaguing France. Since the Seven Year's War, France's finances had suffered and were spiraling out of control. The finances were kept largely by the country's appointed finance minister. France would go through a host of these finance ministers up to the Revolution. The most notable was Jacques Necker who receives more detailed analysis. Tracing the administrations of these finance ministers helps explain an important factor leading to the French Revolution.