The historical impact of the Glorious Revolution of 1688 on the British monarchy was profound, as it established parliamentary supremacy and limited the powers of the crown. This bloodless revolution saw the overthrow of King James II and the ascension of William III and Mary II, who accepted the Bill of Rights in 1689. Key provisions included enshrining principles like free elections, freedom of speech, and restrictions on the monarchy's authority. The Glorious Revolution fundamentally altered the trajectory of British governance, setting precedents for constitutional monarchy and paving the way for modern democracy.