One of the events that catalyzed this expansion was the War of 1812. The war is sometimes called “America’s second war for independence” because Great Britain was still interfering with American affairs. One definite cause of the war cannot be pinpointed because there were many factors that compounded upon one another. They can be whittled down to four main concerns which are maritime and trade issues, the Embargo Act, territorial expansion, and War Hawks. The dispute on the seas and involving trade may have been the biggest concern.
The Embargo Act of 1807 is perhaps the most contradictory decision Jefferson has made in his presidency. Due to impressments of America sailors into the British Army, as well as Great Britain and France both trying to hinder American trade with the other side, Jefferson passed the act which prohibited all foreign trade, to and from the United States. This obliterated any views he was believed to have of a weak central government. The
John majors government came into office after the downfall of Margret Thatcher, which ultimately created divisions within the party. Not only did the party suffer from the internal conflict but also faced the problems of the recession after the ‘Lawson boom’. In order to stabilise the economy he joined the ERM getting a good deal but ultimately resulting in ‘black Wednesday’ causing Major to raise interest rates to 15%. This was political suicide and he soon lost the support of the press we had once relied so much on to get re-elected in 1992. The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess.
This law kept money in the empire but hurt the pockets of the wealthy colonists mercantilist that depended on the shipping trade. Then when the French Indian War ended the King made them keep the treaties that had been made with the Indians and refused the rich merchants the right to expand and claim more land. The war had also left England in debt as most wars do, so England called on the colonist to pay taxes to help with their own defense. They did not single the American colonist out they asked this of all of their subjects in all the colonies under English rule. So in 1767 England passed the Townshend Acts which included the Revenue Act of 1767, the Indemnity Act, the Commissioners of Customs Act, the Vice Admiralty Court Act, and the New York Restraining Act.
Known also as Black Tuesday, October 29th left stockholders shattered with recorded losses reaching $40 billion dollars (Kelly, n.d.). Many banks and financial institutions began collapsing which led to irretrievable, uninsured deposits and savings. Fearing further loss, people began spending less which led to a decrease in production and an increase in unemployment. As companies began to fail, the government devised the Smoot-Hawley Tariff in order to protect American businesses. The Tariff placed high taxes on imports leading to a decline in international trade.
The failure of foreign policy in the years 1514-1525 can be attributed to many things. The combination of Henry's isolation from European affairs and the fact that his attempts to raise tax were ultimately unpopular failures, meant that he had no way to impose himself upon Europe. Even when he did manage to scrape together the finances needed for a strong foreign policy his reliance on his allies led to disaster. As soon as Henry took the throne in 1509, it was obvious that he was a king that wanted to fight a war. However, wars generally led to very expensive costs to the country.
The Trent Affair, also known as the Mason and Slidell Affair, was an international diplomatic incident that occurred during the American Civil War. On November 8, 1861, the USS San Jacinto, commanded by Union Captain Charles Wilkes, intercepted the British mail packet RMS Trent and removed, as contraband of war, two Confederate diplomats, James Mason and John Slidell. The envoys were bound for Great Britain and France to press the Confederacy’s case for diplomatic recognition by Europe. The initial reaction in the United States was to rally against Britain, threatening war; but President Abraham Lincoln and his top advisors did not want to risk war. In the Confederate States, the hope was that the incident would lead to a permanent rupture in Anglo-American relations and even diplomatic recognition by Britain of the Confederacy.
Only six months after Hoover took office, the economy collapsed and the Great Depression began. Many factors caused and contributed to the Great Depression of 1929. One factor would be the overproductions of many goods in the 1920s led to worker layoffs Another factor was that easy credit led to people spending more than they had, and it led to a rapid inflation that eventually caused people to stop buying. The Federal Reserve Bank, created in 1913, did a poor job which also led to the great depression. It did not monitor interest rates to help regulate the economy when overproduction and inflation had started to cause unemployment in 1928-29 and the economy seemed likely headed toward collapse.
The War of 1812 In June 1812, during President James Madison’s administration the congress of the United States declared war on Britain. The main reasons that led to the declaration of the war were led by a powerful motivation to uphold national honor in face of what the American considered British insults. The British attempted to restrict the highly profit American trade with Napoleonic France that was locked in a long and bitter conflict with them. The British Royal navy seized American ships, cargoes, and American sailors under the act of impressment. The British removed the sailors from their American ships and forced them to serve on British vessels.
From 1763 to 1775 the Colonies in North America under the rule of Great Britain had many conflicts and tensions. The Colonists were struggling to fight for their independence. While Great Britain still perused in taxing goods and ruling with complete control. The Colonists began a long battle for independence with Great Britain thus known as the American Revolution. On January 14th 1766 George Grenville a member of British parliament stated that the reason Britain is taking goods and imports is due to them being in debt with the Colonies.