1. 6 points During the Seven Year (or French and Indian) War, Britain relied on debt...
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1. 6 points During the Seven Year (or French and Indian) War, Britain relied on debt issue to finance its war effort. This raised the debt-to-GDP ratio in Britain from about 0.7 to 0.8. To help limit the amount of new debt that needed to be issued, Britain also used some 40% of colonial tax revenues to help finance the war. It also, of course, relied on domestic taxation. The following table shows an index of the per capita tax burden in Great Britain along with Ireland and some of Britain's American colonies in 1765, two years after the conclusion of the war. Therefore, the right-hand column shows how much taxes per capita were in each location as a percentage of those in Great Britain. a. b. C. d. Great Britain 100 Ireland 26 Pennsylvania 4 Maryland 4 Massachusetts 4 New York 3 2 2 Connecticut Virginia Given that the outcome of the war was beneficial to the colonists (at least from the British point of view) and given the taxes that colonists paid relative to what people in Britain paid, how did Parliament respond to this inequity in taxation in the years following the end of the war? Provide two examples of Parliamentary actions that were designed to address this inequity. How did the colonists respond the Parliament's actions and why did they respond in the ways that they did? In what sense can we view this period of time as one where the relationship between Britain and the colonies changed, moving from decentralized authority in the colonies to centralized authority? 1. 6 points During the Seven Year (or French and Indian) War, Britain relied on debt issue to finance its war effort. This raised the debt-to-GDP ratio in Britain from about 0.7 to 0.8. To help limit the amount of new debt that needed to be issued, Britain also used some 40% of colonial tax revenues to help finance the war. It also, of course, relied on domestic taxation. The following table shows an index of the per capita tax burden in Great Britain along with Ireland and some of Britain's American colonies in 1765, two years after the conclusion of the war. Therefore, the right-hand column shows how much taxes per capita were in each location as a percentage of those in Great Britain. a. b. C. d. Great Britain 100 Ireland 26 Pennsylvania 4 Maryland 4 Massachusetts 4 New York 3 2 2 Connecticut Virginia Given that the outcome of the war was beneficial to the colonists (at least from the British point of view) and given the taxes that colonists paid relative to what people in Britain paid, how did Parliament respond to this inequity in taxation in the years following the end of the war? Provide two examples of Parliamentary actions that were designed to address this inequity. How did the colonists respond the Parliament's actions and why did they respond in the ways that they did? In what sense can we view this period of time as one where the relationship between Britain and the colonies changed, moving from decentralized authority in the colonies to centralized authority?
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