Thursday, January 3, 2008

The Atlantic Economy (645-655)

In the seventeenth and eighteenth centuries, the Atlantic Ocean was extremely vital to Europe's economy, and played a huge role in numerous events across not only The continent of Europe but also in the scattered oversea colonies. The Austria-Hungary area of Europe was not affect too much, though. Geographically, it was in the middle of a land mass and not anywhere near the Atlantic Ocean, or really any bodies of water for that matter. While Austria was not involved in any slave trades or oversea empires, the area would cause worldly conflicts. In the War of Austrian Succession (1740-1748), in which Frederick the Great of Prussia seized Silesia from Austria's Maria Theresa, the fighting eventually make its way as far as India and North America, in Anglo-French conflicts (England and France were huge rivals in the Atlantic economy). Maria Theresa, a Habsburg, would continue her pursuit to regain Silesia into the Seven Years' War (1756-1763), but was unsuccessful. With the exception of these brief political land skirmishes, Austria-Hungary was not awfully significant in the building of the Atlantic Economy.

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