Foreign Policy Flashcards

1
Q

The Issue with Foreign Policy

A

Too much debt due to spending on wars

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2
Q

What wars caused debt

A
  1. The Seven Years War
    2.The American War of Independence
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3
Q

The effects of the seven years war

A
  1. Forced to borrow to fund war
  2. Loss of Colonies
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4
Q

The effects of the American Revolution

A
  1. Even more debt accumulated
  2. French soldiers learn ideas of democracy
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5
Q

Evaluation of Foreign Policy

A

The catalyst for the financial Crisis due to the accumulation of debt

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