Quote Originally Posted by Tiberius
All that our new (****py) teacher told us about the Empire was that 'it's colonies provided money'.
This is about all that most people are taught about the Empire. Which leads people onto believing that the people of the colonies were taxed to provide money to Britain. Which is wrong. Money from the colonies was through trade. Taxes on the colonies didn't even pay for all their defence, HM Treasury forked out that bill.