South Sea Bubble

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Answer this question in the quiz to reveal the explanation.

Question 1

In what year did the British joint-stock company financial crisis known as the 'South Sea Bubble' collapse?

Question 2

What trade monopoly was the South Sea Company granted by the British government in exchange for assuming the national debt?

Question 3

Which legendary physicist and mathematician famously lost twenty thousand pounds in the bubble, delivering an iconic quote on human madness?

Question 4

What landmark piece of British legislation was passed in June 1720 to prevent fraudulent companies from forming joint-stock ventures?

Question 5

What treaty concession known as the 'Asiento' permitted the company to supply enslaved Africans to Spanish colonies?

Question 6

Which British statesman restored financial stability following the crash, becoming Britain's first de facto Prime Minister?

Question 7

What corrupt practice did the company's directors use to secure parliamentary approval for their debt takeover bill?

Question 8

Which Chancellor of the Exchequer was expelled from Parliament and imprisoned in the Tower of London for his role in the scandal?

Question 9

What satirical English artist created the famous 1721 political cartoon 'Emblematical Print on the South Sea Scheme'?

Question 10

What happened to the South Sea Company following the market crash of 1720?

In what year did the British joint-stock company financial crisis known as the 'South Sea Bubble' collapse?