Foreign Policy Flashcards
1
Q
The Issue with Foreign Policy
A
Too much debt due to spending on wars
2
Q
What wars caused debt
A
- The Seven Years War
2.The American War of Independence
3
Q
The effects of the seven years war
A
- Forced to borrow to fund war
- Loss of Colonies
4
Q
The effects of the American Revolution
A
- Even more debt accumulated
- French soldiers learn ideas of democracy
5
Q
Evaluation of Foreign Policy
A
The catalyst for the financial Crisis due to the accumulation of debt