Western Civilization II / Unit 7 WC2 0602 short lesson, about 20 seconds
A Century of War, Sixty Percent to Interest, and a Tax System That Could Not Reach the Wealth
Captions available
The idea
A century of war, lost every time but the American, was funded by private loans at punishing interest. Sixty percent of revenue went to interest, the anchor's figure, and taxes fell on peasant land while nobles, church and commerce went untaxed.
In practice
Britain's Bank against France's moneylenders, the contrast of unit 02.
Where people slip
The share is the anchor's ratio; no sum is given.
Your place on the trail
Every lesson rests on earlier ones and opens later ones. Tap any to jump.
Builds on
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