Chapter 7 Flashcards
1
Q
What was Liverpool’s cabinet mainly made up of?
A
Lords
2
Q
What happened in 1816 after income tax was abolished
A
Indirect Taxes were increased
3
Q
What did Liverpool do in 1819 to lift the depression
A
Resumption of cash payments
4
Q
When were the Corn Laws?
A
1815
5
Q
What was the corn law?
A
No foreign corn could be imported until home price got to 80shilling a quarter
6
Q
What had to rise that made the industries angry?
A
Wages had to rise
7
Q
What was the price of corn in March 1815
A
71s, 6p
8
Q
January 1816- price of corn
A
52 shilling, 10p