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Tag Archives: The Bubble Act

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The Bubble Act: Its Creation and Effect on English Business

HistoryBy William Anderson (Schoolworkhelper Editorial Team)November 11, 2011Leave a comment

In the year 1719, the English public debt was an overwhelming problem that hindered the Parliament as well as the Crown’s ability to effectively manage England’s finances. The manner in which government taxes were collected was inefficient and they often attempted to collect taxes several years in advance in an attempt gain control over the…

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