During his reign, Louis's government returned the Austrian Netherlands, won at the Battle of Fontenoy of 1745, but given back to Austria by the terms of the Treaty of Aix-la-Chapelle of 1748, and ceded most of New France to Great Britain at the conclusion of the Seven Years' War in 1763. His reign also saw the incorporation of the territories of Lorraine and Corsica into the kingdom of France.
Some scholars believe Louis XV's decisions damaged the power of France, weakened the treasury, discredited the absolute monarchy, and may have contributed to the French Revolution, which broke out 15 years after his death. Other scholars argue that this reputation is based on propaganda meant to justify the French Revolution, and, by dismissing the Parlement of Paris and reforming the tax code, Louis set France on a path of stability late in his reign. He was succeeded by his grandson Louis XVI in 1774.
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