FIRST CONTACTS 28000 BCE 1821 CE
SPANISH COLONIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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by selling western lands to Native Americans
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by forcing the colonists to trade only with Britain
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by passing new tax laws for the colonies
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by printing money that only could be used in the colonies
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Detailed explanation-1: -To defend his newly won territory from future attacks, King George II also decided to install permanent British army units in the Americas, which required additional sources of revenue. In 1765, parliament passed the Stamp Act to help pay down the war debt and finance the British army’s presence in the Americas.
Detailed explanation-2: -The war nearly doubled the British national debt, from £75 million in 1756 to £133 million in 1763.
Detailed explanation-3: -After the war the debt gradually decreased as a proportion of GDP, but in the 1970s, following a Sterling crisis, the British government was forced to seek help from the International Monetary Fund (IMF).
Detailed explanation-4: -The war provided Great Britain enormous territorial gains in North America, but disputes over subsequent frontier policy and paying the war’s expenses led to colonial discontent, and ultimately to the American Revolution.
Detailed explanation-5: -How did the British governemtn hope to solve its financial problems caused by the cost of the French and Indian War? The British hoped to solve their financial problems by strictly enforcing custom duties; raisin taxes on sugar and molasses and placing new yaxes on silk, wine, coffee, pimento, and indigo.