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The Augustan Age 18th_century_banner (HISTORICAL context :!: (TRADE :star…
The Augustan Age 
HISTORICAL context :!:
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TORIES AND WHIGS - the parliament was divided in two parts: Tories (supported by old aristocracy) and whigs (the ermenging new class)
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WILLIAM PITT - a brilliant politician who was able to make the British navy stronger and reduce the politician scandal of the South Sea bubble crisis
TRADE :star:
TRIANGULAR AND SLAVE trade - Britsh ships carried goods like cotton and arms to West Africa to buy slaves that were sold in North and South America. After, they carried tobacco and coffee back to Europe.
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THE PRIME MINISTER- the wigh Sir Robert Walpole was the leading minister in the Cabinet. He managed to avoid internal wars and to keep taxes down.
THE SOUTH SEA BUBBLE CRISIS The prices of the shares fell and the "bubble" burst. It was a scandal because many politicians sold their shares before the price fell.
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