André-Hercule de Fleury in the context of "Louis XV"

Louis XV (15 February 1710 – 10 May 1774), known as Louis the Beloved (French: le Bien-Aimé), was King of France from 1 September 1715 until his death in 1774. He succeeded his great-grandfather Louis XIV at the age of five. Until he reached maturity (then defined as his 13th birthday) in 1723, the kingdom was ruled by his grand-uncle Philippe II, Duke of Orléans, as Regent of France. Cardinal Fleury was chief minister from 1726 until his death in 1743, at which time the king took sole control of the kingdom.

His reign of almost 59 years (from 1715 to 1774) was the second longest in the history of France, exceeded only by his predecessor, Louis XIV, who had ruled for 72 years (from 1643 to 1715). In 1748, Louis returned the Austrian Netherlands, won at the Battle of Fontenoy of 1745. He ceded New France in North America to Great Britain and Spain at the conclusion of the disastrous Seven Years' War in 1763. He incorporated the territories of the Duchy of Lorraine and the Corsican Republic into the Kingdom of France. Historians generally criticize his reign, citing how reports of his corruption embarrassed the monarchy, while his wars drained the treasury and produced little gain. However, a minority of scholars argue that he was popular during his lifetime, but that his reputation was later blackened by revolutionary propaganda. His grandson and successor Louis XVI inherited a kingdom on the brink of financial disaster and gravely in need of political reform, laying the groundwork for the French Revolution of 1789.

The Régence (French pronunciation: [ʁeʒɑ̃s], Regency) was the period in French history between 1715 and 1723 when King Louis XV was considered a minor and the country was instead governed by Philippe II, Duke of Orléans (a nephew and son-in-law of Louis XIV of France) as prince regent. This was not the only regency in French history, but the name is nevertheless associated with this period.

Philippe was able to take power away from Louis-Auguste, Duke of Maine (illegitimate son of Louis XIV and Madame de Montespan) who had been the favourite son of the late king and possessed much influence. From 1715 to 1718 the Polysynody changed the system of government in France, in which each minister (secretary of state) was replaced by a council. The système de Law was also introduced, which transformed the finances of the bankrupted kingdom and its aristocracy. Both Cardinal Dubois and Cardinal Fleury were highly influential during this time.