robert walpole Flashcards
(13 cards)
what where the 2 main parties?
whigs and torys
who where the 2 kings at the time?
george first and second
when did george 1 start his reign
1714
when did george 2 start his reign
1727
what was the great economic disaster called
the south sea bubble
how much did south sea trade company stocks increase
10x in 1720
which minister died from a stroke during a debate
lord standhope
what was the triangular trade
it was a loop of finished products getting traded for slaves in africa, the slaves getting raw materials such as cotton and then those materials being used to make the products that started the loop.
why was young robert walpole imprisoned
due to his corruption, his favourite saying being “all men have their price”, he later bribed george the second in order to keep his job as prime minister
what where the tory party supporting
kings power
what did the whigs support
limit kings power and supported religous tolerence
how much time did george 1 spendin hanover
1/5 of the year
what was the septennial act
required king to call parliment at least once every seven years
