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Global Competition -The South Sea Company, Which Created a Widespread Economic Crisis

Question 300

Multiple Choice

Global Competition
-The South Sea Company, which created a widespread economic crisis with its collapse in 1720, underwrote the national debt of England in exchange for


A) Possession of British colonial islands in the Caribbean
B) Controlling interest in the Bank of England
C) A significant percentage of the West African slave trade
D) The rights to transport tea from India to the colonies
E) Exclusive trade with South America

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