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=== Date unknown === * The [[Tuscarora people]] leave [[North Carolina]] as a result of European colonization. * The Town on Queen Anne's Creek, [[North Carolina]] is renamed [[Edenton, North Carolina|Edenton]], in honor of North Carolina Governor [[Charles Eden (politician)|Charles Eden]]; it is incorporated in [[1722]]. * The [[Guild Regulation of 1720]] is introduced in Sweden. * The [[Kangxi Emperor]] announces that all western businessmen in China can trade only in [[Guangzhou]]. * The ''Academia Real da Historia'' is founded in [[Lisbon]], Portugal. * [[Jonathan Swift]] begins major composition work on ''[[Gulliver's Travels]]'' in Ireland. * ''[[Il teatro alla moda]]'', a satirical pamphlet by [[Benedetto Marcello]], is published anonymously in [[Venice]]. * The first yacht club in the world, the [[Royal Cork Yacht Club]], is founded in Ireland.</onlyinclude> * Parallel to the English South Sea Bubble France experiences the Mississippi Bubble. Market shares of the [[Mississippi Company]] had reached a peak price of over 10,000 livres in spring just to plummet to 1,000 by the end of the year. Monthly inflation in France reaches 23 percent and a bank rush ensues when investors try in vain to convert paper notes issued by the Banque Royale into gold and siilver. [[John Law (economist)|John Law]], the Scottish architect of the Bubble, is forced to flee the country.
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