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lot of money in debt due to war cost. to build and fix damage. means that taxes put in place to out themselves of debt.
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∙ 12y ago
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What is the fine line difference between commercial debt and consumer debt?
Consumer debt is governed by the FDCPA....commercial debt is not.
What services do Debt Relief of America provide?
They offer debit consolidation loans, debt settlement, debt management, and debt negotiation services to help people manage their debt payments so they can one day get out of debt.
What debt relief options are available?
Fortunately when it comes to debt relief there are nearly as many options as those that lead to the debt. Some of the websites you can visit include Freedom Debt Relief, Best Debt Relief, and Debt America.
What is the difference between a liquidated debt and an unliquidated debt?
The difference between an unliquidated debt and a liquidated debt is this: Liquidated Debt: A debt that has an exact monetary value. Unliquidated Debt: A debt that is undisputed as to its amount, but still under the liability of the debtor. Each one of these debts has a statute of limitations to it. I believe they stand at 3 years for liquidated debt, and 6 years for unliquidated debt. These numbers are for Colorado and can change from state to state based on their rulings.
What does third world debt?
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
Why did the british government need to find new sources of revenue in 1763?
So that they could pay off the debt caused from the French and Indian War.
Why was Britain in debt in 1763?
Because of the French and Indian War
How much debt was great Britain in after the Seven Years War?
e British Government had borrowed heavily from British and Dutch bankers to finance the war, and as a consequence the national debt almost doubled from £75 million in 1754 to £133 million in 1763 http://www.tax.org/Museum/1756-1776.htm
Why were the British stationed in the colonies after 1763?
to keep peace between the colonists and Native Americans
Before 1763 English laws controlling trade were?
Before 1763 English laws that were set up to control trade were not strictly enforced. When 1763 rolled around, the British were just coming out of another war and had racked up a lot of debt. This caused them to become more strict with the trade laws and to implement new taxes on the colonists.
Why did parliament create new tax laws for british Americans after 1763?
Parliament created new tax laws for British Americans after 1763 primarily to raise revenue to pay off the debt incurred during the French and Indian War. They believed that the American colonies, being beneficiaries of British military protection, should contribute to the cost of their defense. Additionally, the British government wanted to assert its authority and control over the colonies, which were increasingly seen as a valuable source of revenue.
Explain the development of the anglo -american conflict during the revolutionary decade of 1763 to 1776?
The Seven Years War, came to an official end in 1763. But the British and the Colonial Americans were constantly in conflict over who deserved the full credit of the victory. Each underestimated the other. The British also complained about the poor behavior of the colonial civilians regarding inadequate food and shelter provisions. The colonists debt towards the British grew rapidly. All these causes developed the conflict gradually.
What were The colonial wars between 1689-1763?
King William's War (1689-1697) - The balance of power between England and France is maintained. Queen Anne's War (1702-1713) - Nova Scotia becomes British possession. King George's War (1744-1748) - Louisbourg returns to French control, British settlers begin westward movement, and Iroquois neutrality challenged. French & Indian War (1754-1763) - All territory east of Mississippi is transferred from French to British control, Florida goes from Spain to Britain, and British debt mounts.
Explain why conflict between the colonist and Britain increased after 1763?
Following the Seven Years War with the French the British had a large debt, which they believed the colonies should hold the large of the burden due to the war being in the colonies and as such increased the taxes, additionally the Proclamation of 1763 prevented settlers from settling Indian land which they thought they should be able to especially after the war, additionally the British left a small standing army of about 10,000 on the colonial border which the colonist disliked.
Why conflict between the colonists and Britain increasing after 1763?
Following the Seven Years War with the French the British had a large debt, which they believed the colonies should hold the large of the burden due to the war being in the colonies and as such increased the taxes, additionally the Proclamation of 1763 prevented settlers from settling Indian land which they thought they should be able to especially after the war, additionally the British left a small standing army of about 10,000 on the colonial border which the colonist disliked.
What happened during the era of benign neglect?
The British payed little attention to the colonies and how they were doing until they started growing and becoming a major source for trade and wealth. Not until 1763 did the era end when Britain was in huge debt from the French and Indian War.
Did the British during seven year war debt?
doubled englands national debt
