French Wars: Impact on the Economy Flashcards
What was the name of the system Napoleon imposed in 1807 to prevent defeated nations from trading with Britain?
The Continental System
Which new areas did Britain turn to compensate for reduced trade across the Mediterranean?
Northern Europe, North and South America, Asia
What measure did George III issue against any countries that tried to exclude the ‘British flag’
Orders in Council
When was the war with the US which was caused by trading tensions?
1812-1814
What impact did the French wars have overall on the number of exports?
The number of exports doubled
What year did France’s trade war ease, allowing the importation of British goods?
1812
Name two nations which continued to trade with England despite France’s ban
Russia and Sweden
How much did the French Wars cost Britain overall?
£1.6 billion
Name two countries which Britain funded coalitions with.
Prussia and Austria
What percentage did the number of stock traders increase by over the course of the war?
70%
How many banks did Britain have by the end of the war?
600
What was the period of agricultural change that proceeded the French Wars known as?
The agrarian revolution
How much higher was output in Britain per worker than other European countries?
50%
Name the law the government introduced to artificially increase the price of wheat, protecting growers from cheap foreign imports.
The Corn Laws of 1815
What relief system was put in place that linked the size of families to the price of bread?
Speenhamland system