Impacts of the Glorious Revolution
- Created by: lunar~
- Created on: 31-10-22 20:54
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Impacts of the Glorious Revolution
Bank of England
War was funded by bank investors and paid back with interest or other benefits - National Debt
Parliament and Politcal parties
Parliament raised taxes to pay back loans
Rulers had to get a majority of MPs on their side so Parliament began to meet more regularly. Being an MP was no longer a part time job. MPs grouped in to Whigs and Tories - the early…
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