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Treaty of Utrecht
The Treaty of Utrecht had both economic and social impacts. One of the economic impacts was it redefined trade routes and colonial possessions. Another economic impact was the influence of economic interest. A social impact was the shift in territorial boundaries which affected cultural exchanges. -
War of the Polish Succession
An economic impact of the war was the drained European economies. This was due to the military expenses and trade being disrupted. There were two major social impacts one being the loss of life. The other major impact was the contribution to social unrest. -
Seven Years' War
The economic impact was the altercation of colonial territories. This led to global trade patterns being different. The social impact was mainly political unrest. Another social impact would be the economic strains that contributed to the unrest. -
Catherine the Great Becoming a ruler
The economic impact of this was she encouraged trade. She encouraged trade by modernizing Russia. The social impact was Enlightenment ideas being embraced. Things like education were embraced much more due to this. -
The Wealth of Nations being published
This book began to shape economic thought. The book believed in free-market principles. People began to read this book and it led to a social impact as well. The social impact was the changing of social structures. -
French Revolution
The economic impact was the reforms made. The goal was to address financial issues. The revolution also challenged traditional hierarchies. This inspired equality. -
Reign of Terror
During this time the economy was rough. Many people were dying. This led to not as many jobs. Social polarization was another big effect. -
Establishment of the Napoleonic Consulate
The goal of this was to stabilize the economy. France wanted to begin to promote industrialization. The market shifted toward centralized rule. This led to social stability. -
Creation of the Bank of England
The central bank intended to stabilize the economy. Britain's economy reacted well and stabilized. Due to this bank financial institutions influenced social structures. Another thing that was influenced was economic policies. -
Formation of the Second Coalition
This was when European nations formed economic alliances. This resulted in different trade dynamics. Political sentiments changed due to this. Political Sentiments changed because it was a response to war.