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The Seven Years' War (1756-1763) brought great financial burdens on Great Britain, Kingdom of Prussia, Austria, France, and Sweden.The costs of fighting a protracted war on several continents meant Britain's national debt almost doubled from 1756 to 1763, and this financial pressure which Britain tried to alleviate through new taxation in the Thirteen Colonies helped cause the American Revolution.
The Partisan in War (1789), a treatise on light infantry tactics written by Colonel Andreas Emmerich, is based on his experiences in the Seven Years' War. The Seven Years' War is the central theme of G. E. Lessing's 1767 play Minna von Barnhelm or the Soldiers' Happiness.
The average cost for the war was £12 million a year (equivalent to 1.75 billion in 2018 terms by GDP). [19] The UK spent 80 million on the war. When the war ended Britain had a national debt of £250 million (36,570 billion in 2018 about 20 pounds debt per capita vs. 11 pounds per capita average income) which generated a yearly interest of ...
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The immediate cause of the war was the death in 1740 of Emperor ... but set the stage for the Seven Years' War. Campaign of 1740 ... whose acquisition had cost so ...
The later years of Louis XV's reign saw some economic setbacks. While the Seven Years' War, 1756–1763, led to an increase in the royal debt and the loss of nearly all of France's North American possessions, it was not until 1775 that the French economy began to truly enter a state of crisis. An extended reduction in agricultural prices over ...
THE INDEPENDENT VIEW: Editorial: The ceasefire between Israel and Hamas – just like the possibility of peace in Ukraine – requires unpalatable choices, but the prize is great
The Thomas Pelham-Holles, 1st Duke of Newcastle succeeded his younger brother as Prime Minister in 1754 and managed domestic affairs for much of the Seven Years' War.. The last major conflict in Europe, the War of the Austrian Succession, had ended in 1748 with the Treaty of Aix-la-Chapelle after a bloody war had left large parts of Central Europe devastated.