Statements (26)
Predicate | Object |
---|---|
gptkbp:instance_of |
gptkb:legislation
|
gptkbp:affects |
inflation in the British economy
establishment of central banking practices in the UK |
gptkbp:amended_by |
Bank of England Act 1816
|
gptkbp:associated_with |
British financial history
|
gptkbp:consequences |
banking system changes in Britain
|
gptkbp:context |
gptkb:Napoleonic_Wars
|
gptkbp:date_enacted |
1797
|
gptkbp:enacted_by |
gptkb:Parliament_of_Great_Britain
|
gptkbp:historical_context |
economic instability in late 18th century Britain
|
https://www.w3.org/2000/01/rdf-schema#label |
Bank of England Act 1797
|
gptkbp:impact |
increased issuance of banknotes
|
gptkbp:influenced_by |
financial crisis of 1796-1797
|
gptkbp:introduced |
gptkb:William_Pitt_the_Younger
|
gptkbp:is_debated_in |
Parliamentary discussions on currency stability
|
gptkbp:legal_status |
gptkb:law
|
gptkbp:legislation |
Bank Charter Act 1833
suspension of gold standard |
gptkbp:modern_relevance |
historical monetary policy
|
gptkbp:primary_source |
Parliamentary records
|
gptkbp:purpose |
to suspend the convertibility of banknotes into gold
|
gptkbp:related_to |
gptkb:Bank_of_England
|
gptkbp:repealed_by |
Bank of England Act 1821
|
gptkbp:significance |
led to the establishment of a fiat currency system
|
gptkbp:bfsParent |
gptkb:The_Pitt_Administration_(1796-1801)
|
gptkbp:bfsLayer |
8
|