Answer:
With the help of his finance minister, Jean-Baptiste Colbert, Louis XIV established reforms that cut France's deficit and promoted industrial growth. During his reign, Louis XIV managed to improve France's disorganized system of taxation and limit formerly haphazard borrowing practices.
The French Revolution had a great and far-reaching impact that probably transformed the world more than any other revolution. Its repercussions include lessening the importance of religion; rise of Modern Nationalism; spread of Liberalism and igniting the Age of Revolutions.
