The French revolution, a result of the abuse of power by the incapable and wasteful Bourbon monarchs, led to the formation of the First Republic of France. Louis XIV once said `L`etat cèst moi`, meaning ``I am the state``; implying his total power over the people 3. During his reign, Louis XIV created a centralized government by weakening the power of the nobles, excluding them from his councils4. Louis XIV spent millions on the building of the Palace of Versailles and costly foreign wars, such as the War of the Spanish Succession and the War of the Grand Alliance, bringing France on the verge of bankruptcy5. As a result, he was forced to raise taxes on the middle class, leading to their anger and dissatisfaction. He eventually moved to the Palace of Versailles with the nobility, leaving them unaware of ongoing events in Paris. Louis XVI’s support of the colonists in the American Revolution and his involvement in Queen Anne’s war, coupled with the extravagant spending of his predecessors, only worsened the financial condition of France3. By 1763, the national debt of France amounted to nearly 2 billion livres6. The court at Versailles continued to spend lavishly despite the financial burdens on the people. Marie Antoinette, the wife of Louis XVI was famously quoted saying, ``let them eat cake`` and became known as the symbol of corruption by the French people. Following Louis’ refusal to cooperate with the National Assembly, rioters in Paris stormed the Bastille and marched to the Palace of Versailles to arrest the king and queen. The absolute monarchy of France was overthrown and the First French Republic was established, marking the declining power of monarchs and laying the foundations for democracy in France. The revolution resulted in the establishment of a legislative assembly, the publication of the Declaration of Man and of the Citizen and the signing of the constitution3.
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