In the 18th century, Austria-Hungary along with the rest of Europe experienced a growth in world trade.
The War of Austrian Succession took place from 1740 to 1748. During this time, Frederick the Great of Prussia took over Silesia from Maria Theresa (Maria Antoinette's mother). The conflict blew up into a giant war. During the Seven Years' War (1756-1763), Maria Theresa tried to win back her stolen territory but was unsuccessful.
While Britain prospered tremendously, the rest of Europe hurried to catch up. European states, including Austria-Hungary attempted to implement a cottage industry, mercantilism, and protectionism. To accomplish this, A-H took part in the African slave trade.
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