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The French and Indian War. The conflict was played out in Europe, and North America. In Europe, Sweden , Austria, and France were allied to crush the rising power of Frederick the Great, King of Prussia.
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The end of the French and Indian War in 1763 was a cause for great celebration in the colonies, for it removed several barriers and opened up new opportunities for the colonists.
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Under the Molasses Act colonial merchants had been required to pay a tax of six pence per gallon on the importation of foreign molasses.
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The colonies was going though a constant shortage of currency with which to conduct trade. There were no gold or silver and currency could only be obtained through trade as regulated by Great Britain.
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