New Economics
The 18th Century
Wars and Peace
Quotes
The Agricultural Revolution
400

Author of 'The Wealth of Nations'

Adam Smith

400

As part of a diplomatic deal to ease tensions between Austria and France she was sent as a bride to the future Louis XVI

Marie-Antoinette

400

War begun initially to attempt to crush the power of Prussia in Europe. Rapidly expands to become a global war

The Seven Year's War

400

"Paris is worth a Mass"

Henri IV

400

Inventor of the seed drill

Jethro Tull

800

French phrase indicating that government should not interfere in economics

Laissez-Faire

800

Edict issued by Charles V, in 1713, to guarantee the inheritance of the Habsburg throne and territories by his daughter, Maria Theresa.

The Pragmatic Sanction

800

A war fought to prevent the Bourbon family acquiring a second throne

The War of Spanish Succession

800

One must therefore be a fox to recognize traps, and a lion to fight the wolves.

Niccolo Machiavelli

800

Vegetable that became a food staple. A single acre of this crop could feed a family for a year

Potato

1200

Economic system that was eventually replaced by Smith's capital based model

Mercantilism

1200

First Prime Minister of Great Britain

Sir Robert Walpole

1200

As part of this peace deal, Britain acquired French Canada and the land between the Appalachian Mountains and the Mississippi River.

The Treaty of Paris, 1763

1200

"The State? That is me."

Louis XIV

1200

the movement of peasant farmers from the rural environment into cities after the removal of their farm land.

Urbanization

1600

The purpose of government, according to Smith, was simply to do what?

Protect the people [from foreign invasion]

1600

in 1714, the throne of England was occupied by which new royal house?

The House of Hanover

1600

Catherine the Great's dabbling with enlightened despotism ended abruptly due to this

Pugachev's Revolt.

1600

"I am the first servant of the State"

Frederick the Great

1600

Vocal advocate of the new concept of crop rotation

Charles "Turnip" Townshend

2000

Process by which Smith the competitive free market would automatically self-regulate

The Invisible Hand

2000

Princess of Anhalt-Dornburg who stepped up to Queen in 1745 and achieved even greater power in 1762.

Catherine the Great

2000

Prussian seizing of this then Austrian province lead to a major war

Silesia

2000

"Crush the Infamous Thing"

Voltaire

2000

The consolidation of formerly public pasture lands into private ownership

The Enclosure movement

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