Economics of the Revolutionary War After the end of the French and Indian War in 1763 the American people had taxes placed on them by the British. The British Parliament claimed that by placing the taxes they were defending the colonies for the Americans. During the twelve years following the war, the British enacted a numerous amount of taxes that allowed them to raise revenue from the American economy. This taxing of the American people hurt the American economy and started to push the American colonists toward an independence movement so they could have a free economy. Over the course of the twelve-year period there were six acts enacted to take money from the American economy. The Sugar Act of 1764 was the first act used by the British to channel revenue into Britain. The British specifically stated in the Sugar Act, "…a revenue be raised in your Majesty's said dominions in America, for defraying the expenses of defending, protecting, and securing the same" (The Sugar Act). This proves that the British were using this act just to raise revenue because they needed it to defray the cost of fighting against the French. The act forced tariffs on goods being imported into the colonies. Examples of these goods were sugar, molasses, foreign indigo, and coffee. This angered the colonists because they were depending heavily on trade with other colonies and countries outside of the North American continent. The colonists specifically stated in a petition from the Massachusetts House of Representatives to the House of Commons on November 3, 1764 that a "prohibition will be prejudicial to many branches of its trade and will lessen the consumption of the manufactures of Britain" (King, Peter. Petition from the Mass... ... middle of paper ... ...ng.com/library/lbody.cfm?id=84&parent=17 (13 Apr. 2000). "The Stamp Act." Founding.com Library. http://www.founding.com/library/lbody.cfm?id=87&parent=17 (13 Apr. 2000). "The Sugar Act." Founding.com Library. http://www.founding.com/library/lbody.cfm?id=85&parent=17 (13 Apr. 2000). "The Tea Act." Founding.com Library. http://www.founding.com/library/lbody.cfm?id=91&parent=17 (13 Apr. 2000). "The Townshend Act." Founding.com Library. http://www.founding.com/library/lbody.cfm?id=90&parent=17 (13 Apr. 2000). Secondary Sources McCusker, John J. Essays in the Economic History of the Atlantic World. New York, New York: Routledge, 1997. Hoffman, Ronald, McCusker, John, J, Menard, Russell, R, and Albert, Peter, J. The Economy of Early America: The Revolutionary Period, 1763-1790. Charlottesville, Virginia: University Press of Virginia, 1988.
From 1754-1763, Britain fought the French and Indian war. Although Britain had won the war, they still had a lot of war debts to pay off. Britain turned to the colonies to pay off their debts by taxing them. The taxes angered the colonists because they believed it violated their rights. Benjamin Franklin had initially proposed the Albany plan of Union to unite the colonies, however this law was rejected by all of the colonial governments. It wasn't until after all of the British laws and taxes that the colonies would unite and write the Declaration of Independence.
After the French and Indian War, Great Britain was in tremendous debt and had additional land to rule. By cause of their debt and their obligation to their new land, they began to put taxes on the colonists living in that land. The colonists were enraged because they were getting taxed without representation in British Parliament. Two acts that caused some of these reactions are the Stamp Act and the Townshend Acts. Overall, British actions after 1763 caused numerous reactions from the colonists, which led to the American Revolution.
The British were facing economic difficulties after the French and Indian war; therefore, they passed taxes on the colonies to help repay the debt. Initially, the British introduced the Sugar Act in 1764. The colonists did not approve of the British taking control over them. The colonists opposed the Sugar Act because they had to pay three cent tax on sugar. In addition, the Sugar Act increased the taxes on coffee, indigo, and wine. This act was the start of colonist frustration. Subsequently came the Stamp Act the following year in 1765. The Stamp Act was the mind changer for many colonists known as the Patriots. The Patriots started forming as a result of England enforcing acts. The patriots believed the colonies should go to war and separate
After the French and Indian War ended in 1763, Great Britain had nearly gone bankrupt paying for the war. The British thought it was only logical to start new taxes against the colonists. After all, to the British, they had fought the war in the name of the colonies and in what they believed was in their best interest. Many different types of taxes came and went to help pay for the debt. Over time, the
During the War for American Independence, 78 men were commissioned as general officers into the Continental Army by the Continental Congress. Many of these generals commanded troops with differing levels of competence and success. George Washington is typically seen as most important general, however throughout the war a number of his subordinates were able to distinguish themselves amongst their peers. One such general was Nathanael Greene. At the end of the Revolutionary War, Greene would become Washington’s most important subordinate, as demonstrated by Edward Lengel’s assessment of Greene as “the youngest and most capable of Washington’s generals.” Washington and Greene developed a strong, positive and close relationship between themselves. Greene began his life in the military after having been raised a Quaker. With limited access to literature and knowledge in his younger years, Greene became an avid reader which equipped him with the knowledge necessary to excel as a general during the war. Through his devoted study of military operations, firsthand experience and natural abilities as a soldier, Greene became an excellent military commander. He would become known for his successful southern campaign, during which, he loosened British control of the South and helped lead the war to its climax at Yorktown. Throughout the war, he was involved in a number high profile battles where he built a reputation of being an elite strategist who also understood unconventional warfare, logistics, and the importance of military-civil affairs and had a natural political/social acumen. The thesis of this paper is that Greene’s proven reputation of being a soldier, strategist and statesman would cause him to become the second greates...
In the 1760s King George III enacted the Sugar Act and the Stamp act to gain extra revenue from his colonies. King George III decided to enact heavier taxes to put money back into the empire that had been lost after the French and Indian War. This act levied heavy taxes on sugar imported from the West Indies. The Stamp Act in 1765 required that many items have a stamp to prove that the owner had payed for the taxes on the item. The problem the colonists had with it was that it increased the presence of English troops in the Colonies and they felt it was unneeded and only meant to put more control into Great Britain's hands.
Without colonial consent, the British started their bid to raise revenue with the Sugar Act of 1764 which increased duties colonists would have to pay on imports into America. When the Sugar Act failed, the Stamp Act of 1765 which required a stamp to be purchased with colonial products was enacted. This act angered the colonists to no limit and with these acts, the British Empire poked at the up to now very civil colonists. The passing of the oppressive Intolerable Acts that took away the colonists’ right to elected officials and Townshend Acts which taxed imports and allowed British troops without warrants to search colonist ships received a more aggravated response from the colonist that would end in a Revolution.
After the French and Indian War, the British government decided to make the American colonies pay a large share of the war debt with new taxes that they issued. The English ...
The American Revolution change the North America and how it was defined. According Jeff Helgeson, “For enough people began parliament and the king were corrupt and tyramine because they were hindering with their individual properties.” Before the French and Indian war, the colonist did not have to pay any taxes. After the French and Indian wars, the British needed money
In the 1770’s the American colonists were being taxed too much by the British and they started to want their independence. Britain was taxing the colonists to pay their debts from the French and Indian War. The colonists started to fight back by tarring and feathering some tax collectors. Britain sent troops to the colonies which caused more problems.
After the Seven Year War, Britain now needed to find ways to generate money, and felt that since the war was fought on American land that they should help pay for its cost, and they decided to issue new taxes on the colonies trying to offset some of the cost of the war. One of the first acts they presented was the Sugar act in 1764, lowering the duties on molasses but taxed sugar and other items that could be exported to Britain. It also enforced stronger laws for smuggling, where if prosecuted, it would be a British type trial without a jury of their peers. Some Americans were upset about the Sugar Act because it violated two strong American feelings, first that they couldn't be tried without a jury of their peers, and the second that they couldn't be taxed without their consent.
The British also implemented new taxes. The Sugar act of 1764 sought to reduce smuggling, which occurred partly as a result of the earlier Molasses Act. This gave British possessions in the Caribbean the upper hand in sugar trade, which in the British view helped the empire as a whole, but to Americans, and especially the merchants, this put limits on their opportunities. The Currency Act, passed about this time forbade the printing of colonial currency. British merchants benefited because they didn't have to deal with inflated American currencies. The Americans felt they were at an economic disadvantage as very little sterli...
What is the Sugar Act of 1764 ? The Sugar Act is the taxation passed by British Parliament that taxed sugar and molasses imported to the colonies.
The Sugar Act (April 5, 1764) and the Currency Act (September 1, 1764) became the first acts farmers and colonists resented. With the Molasses Act of 1733 soon to expire, the British government emplaced the Sugar Act to produce revenue for costs associated with guarding and protecting the American Colonies. Colonial farmers, however, protected themselves. The British emplaced the Currency Act to shield British investors from depreciation but disregarded Colonial Farmers, other Americans, and their
The proclamation, however, infuriated the colonists who planned on expanding westward. The Sugar Act was passed shortly after 1764. This act sought harsher punishment for smugglers. The next act to be passed was possibly the most controversial act passed by Britain. The Stamp Act passed in 1765 affected every colonist because it required all printed documents to have a stamp purchased from the British authority.