Key People- William Pitt (1759-1806)
William Pitt the Younger is best known for being Britain's youngest Prime minister, elected in 1783, aged 24. He is given large amounts of credit for helping Britain through economically trying times. In 1784 he diminished the nation's debt, helped enforce the India Act (which gave the government more power over the East India Company), and embarked on tackling smuggling. Over the course of his 19 year ministry he also:
- Worked to restore public finances, after the American War of Independence put a strain on them, by implementing the Sinking Fund in 1786
- Imposed new taxes and established Britain's first income tax
- Through the Act of Union, unionised Ireland and Britain after a rebellion in 1798
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