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Although Parliament was originally estiblished to be an advisor to the King, its creation would ultimately be what limits his power.
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This was the first time the King of England's power was considered not absolute and that he had to respect the wishes of his people. http://www.themorgan.org/exhibitions/exhibition.asp?id=40
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Parliament declared that they would only give Charles I the money he needed to fight the war with Spain if he stopped forced loans without the constent of Parliament.
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Charles I disbanded Parliament and tried to put down the Scottish resistance by himself. At this battle, the English army lost because of insufficient funds and Charles I was forced to reconvene Parliament.
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This gave Parliament to rise its own army.
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This was a major turning point of losing absolute power, because a sitting king was executed by his own country. http://www.open.edu/openlearn/sites/www.open.edu.openlearn/files/imported/o_69038/regicide_53.rec_big.jpg
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This stopped absolute monarcy because it said that Parliament had power over the monarchs. http://img2.imagesbn.com/p/2940013186033_p0_v1_s260x420.JPG