WORLD HISTORY

Detailed explanation-1: -England’s Seven Years’ War (1756–1763) and its counterpart waged in America, the French and Indian War (1754–1763), doubled Britain’s national debt. In order to recoup some of the losses Britain incurred defending its American colonies, Parliament decided for the first time to tax the colonists directly.

Detailed explanation-2: -Even though Great Britian defeated France and its allies, the victory came at great cost. In January 1763, Great Britain’s national debt was more than 122 million pounds [the British monetary unit], an enormous sum for the time. Interest on the debt was more than 4.4 million pounds a year.

Detailed explanation-3: -America: 1765 Tax stamps These tax stamps were issued as a result of the 1765 Stamp Act passed by the British Government to extract taxation from its American Colonies to contribute towards the cost of their defence from enemy forces during the Seven Years War.

Detailed explanation-4: -The costs of fighting a protracted war on several continents meant Britain’s national debt almost doubled from 1756 to 1763, and this financial pressure which Britain tried to alleviate through new taxation in the Thirteen Colonies helped cause the American Revolution.

Detailed explanation-5: -The American Indians were fighting to maintain control of their land and their cultural future. The French claimed the Upper Ohio River Valley. They wanted to trade with the American Indians and control the area. The British also claimed the Upper Ohio River Valley.