Issue 4 - Impact of Union Flashcards
Political impact
Jacobite’s gained support of those unhappy that Scotland surrendered.
resulted in 2 rebellions (which failed)
Economic impact
Negative:
Little interest shown in Scottish economy
Most of ‘Equivalent’ not paid
Scottish trade couldn’t compete with England
Taxes rose nearly 5 times higher.
Salt tax implemented. Used everyday
Taxes led to smuggling
Rent increased to pay for lives in London
Linen poor quality, industry hit badly.
Positive:
Agricultural techniques improved.
Increased in agricultural efficiency an production
Grain, meal exports doubled 1707-12, 1717-22.
Enclosures built, improving stock (cattle, sheep). Not popular with public though.
Scottish merchants could trade with colonies.
Royal Navy protected Merchant ships from pirates.
Funding for Bank of Scotland raised by Equivalent.