arabera Molly Corcoran 3 years ago
248
Honelako gehiago
1801- nations debt stood at £456 million - Pitt continued using the sinking fund which was a poor tactic at the time. Debt rose to £876 million in 1815.
Unpopular with M/C. Did not affect the poor.
Everyone who earned over £60 a year had to pay it. The richest paid 10% of their income
He tried to prevent Britain's imports and exports. He wanted to starve Britain into surrender and so he forbid trade between Europe and Britain. He used the Berlin Decree of 1806- Blocked Britain's access to continental ports.
The Blockade affected France more than it did Britain, Britain could still trade with India, West Indies, China, South America and Australia.