Between 1700 and 1770, the amount of sugar produced and consumed quadrupled. Sugar is often added into other imports, such as tea, coffee and chocolate. These three things have something in common that is a big factor in the demand for sugar. They are all stimulants. People wanted more and
Britain had previously passed the Sugar Act that was not bringing in steady revenue to settle its debt, so another law was proposed called the Stamp Act (Goldfield, The American Journey, vol. 1, 125). The Stamp Act “required all valid legal documents, as well as newspapers, playing cards, and various other papers, to bear a government-issued stamp, for which there was a charge” (Goldfield, The American Journey, vol. 1, 125). This law immediately angered colonists.
The Sugar Act Even when us colonists are already broke you want us to pay a tax to Britain, most of us don 't even want to deal with Britain! On April 5, 1764, The Sugar act was imposed by Britain who was in debt from helping out in the French and Indian war. What was the sugar act? The Sugar act was taxes on goods such as this big ones like sugar, and molasses. The Sugar act also took place in Great Britain.
With the expansion of the English colonies also came a larger market to sell to other countries overseas. According to the navigation laws, most colonial products had to be transported to English ports and then be sold. This method had helped merchants, sailors, and shipbuilders enjoy more of the benefits that came with colonial trade. The American
These are needed today because there are so many different currencies around the world today, like the US Dollar, the Euro, English Pounds, etc. Currency was needed in Europe by the 12th Century because of the vast amount of trade that occurred. According to the article by Roberto Naranjo, “fine French cloth, oriental silk, spices, furs, cotton goods, wool for the growing local industry, salt for universal consumption” (Naranjo). These were popular goods traded between states during the Medieval Ages, but they needed something to pay for those besides a trade between goods, so a national currency was established. This is similar to the modern times because trade occurs everyday, like clothes, foods, and materials for building/crafting, and people use a currency established by their nation to pay for items.
After the war the British were in a lot of debt; they needed a way to pay off the debt. Consequently the war took place in British America, the Parliament of England figured that the colonists should pay the price. The colonists were upset because of the taxes they called unfair. The Molasses Act was the first tax on sugar. The Molasses Act was placed on the colonies, however, the British government did not enforce this “law”.
The French Indian War was one of the main reasons the British Empire fell into an economic crisis. Tensions between England and its Colonies in America started growing. Many taxes were put on the colonies along with restrictions which led to the colonists to rebel against the Empire. England needed to support the war in the New World by spending money for troops and supplies for 7 years. After the end of the war, England fell into a debt.
In the document, it is cited that the regulation of American trade with the British was “of immediate necessity”. This made it clear that Britain’s prime source of income at the moment was indeed trade with her colonies. With later boycotts of British goods by the proud Americans, this proved to become a rather trying encounter for the British. More so, British militant involvement in the colonies proved to be costly, so Britain was simply paying itself back by selling things to its
Modern imperialism resulted in an economic shift towards more possible imports. Increased trade massively expanded what European countries could consume. For example, increased access to Indian trade provided Britain with new silk and spices. As a whole, European powers secured access to goods like silver, rubber, gold, diamonds, and tea. This also applied to natural resources and agriculture; for instance, imperialism allowed Britain to replace their rainforests with tea plantations.
One issue the Articles of Confederation had, was the major money issues inflicted upon the union which harmed the coherency of our country. During this time, the United States was millions of dollars in debt, and couldn’t find a way to compensate the money that had been borrowed. Under the Articles of Confederation, the Continental Congress was allowed to ask the states for money but, the states
During this time the colonies remained loyal to Britain. But, after this Britain went of control with power. They set up many unfair taxes and made the colonists like slaves to them. So yes, the colonists were justified in waging war and breaking away from Britain because they made unfair taxes or acts and they had too much power over the colonists. After the French and Indian war Britain was left with a lot of debt.
Christopher columbus is worthy because he made a lasting impact on the world. One reason is he brought back crops and discovered them. Another reason is the population increased. The crops that columbus brought back were Tobacco, Cocoa, Coffee, Bananas, Rice, and Oranges. The way the population increased was he told europe about america.
The United States, like many other countries, had to fight for independence from their motherland. During the early eighteenth century, many countries were facing suffer inflation by the British parliament in hope to gain more money for King George III. The main target was the colonies of the British Empire, also known as the American colonies. The American colonies consisted of mainly low poverty men, women, and children. It was the American colonies who paved the way into fighting for their freedom and independence.
The Townshend duties where a series of duties imposed upon the colonists which taxed the importation of glass, lead, paints, paper, and tea imported into the colonies. Furthermore, all of the things that the Townshend act put a tax on where basic needs for life in the colonies and with the tax on paper even college and death were to now have taxes on them. With this in mind you can see the dangerous mind set implemented by the British; the British saw the colonist as nothing more than an income stream, a place where revenue was generated for the use of the crown. This ideology is extremely dangerous for a government to have for it makes the people nothing more than money to be taxed and takes away all humanity involved in governing. Not only that, but the citizens were not even allowed to vote on there taxes sparking the no taxation without representation