Use the table below to answer the question.

BRITISH NATIONAL DEBT, 1739-1775 (£ Sterling)
Year National Debt
1739 46,954,623
1748 78,293,313
1755 74,571,849
1762 146,682,844
1775 135,943,051
-Source: Sir John Sinclair, historian, The History of the Public Revenue of the British Empire, 1966
Which of the following pieces of legislation passed after 1762 as a reaction to the changes illustrated in the chart?
Choose 1 answer:
Choose 1 answer:
(Choice A) The Navigation Acts
A
The Navigation Acts
(Choice B) The Intolerable Acts
B
The Intolerable Acts
(Choice C) The Albany Plan of Union
C
The Albany Plan of Union
(Choice D) The Townshend Acts
D
The Townshend Acts

1 answer

The changes in the British national debt, particularly the increase after 1762, were largely due to the expenses incurred from the Seven Years' War and the subsequent need for revenue to manage the empire, especially in North America. In response to these financial pressures, legislation was enacted to raise revenue from the colonies.

Among the choices provided, the most relevant piece of legislation passed after 1762 that corresponds with efforts to manage the national debt and raise revenue from the American colonies is:

(Choice D) The Townshend Acts

The Townshend Acts were enacted in 1767 and aimed to tax goods imported to the American colonies, contributing to the financial situation highlighted in the chart. The other options either were enacted before 1762 or are not directly related to the financial situation in the same way.