Question

why was britain richer than france in 1750

Answer 1

England faced no food crises for the period from1650 to 1725, whereas France was unusually vulnerable to famines. Britain and France faced stagnation or slow growth from 1750 to 1820, followed by sharp rapid "modern" growth of economy from 1820 to 1913. When England entered the Seven Years' War in 1754 with France, England was financially not well prepared, thus had not much funds. In 1754, the nation's national debt totalled around 75 million pounds, and by the end of the war, the debt rose to 133 million pounds. It was nearly double what the figure was at the beginning of the conflict. Majority of the debt was debt was financed by Dutch and British bankers. Although England won the war and also expanded its territorial control across the globe, it requires an approach to pay back its debts of war. England felt that the colonies abroad, inclusive of North America, presented a politically favourable approach in generating and increasing of the revenue. Thus the taxes were imposed as a convenient approach to raise the income of the nation; and made it richer than france