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The Economic Reasons for the American Revolution
Summary: As the American colonies began to prosper in the 17th and 18th centuries, they developed a system of economic trade not only with Great Britain but also with countries outside the British Empire. Because its trade with the colonies began to lessen, the British enacted a series of trading regulations that minimized wealth and stymied economic growth in the colonies, thus angering the colonists. These economic developments, more than any political differences between Britain and the colonies, precipitated the American Revolution.
From their first settlement in North America in 1607, the primary reason for British colonization was to provide economic wealth, as well as raw resources, for Great Britain. However, as the thirteen original colonies started to grow and prosper, they began to develop an economic system of their own, which happened to include countries other then England. As trade with Britain began to lessen, Parliament set up multiple trading regulations, known as Navigation Laws, which put a severe damper on the amount of wealth coming into the colonies. These restrictions, as well as the economical concept of mercantilism, essentially disenabled the colonist's economy. Thus, the start of the American Revolution and the colonies' eventual split from Great Britain was for primarily economical reasons, such as the various trade restrictions and the colonies' inability to gain a significant amount of gold and silver, which indubitably overshadowed the political aspects.
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This section contains 544 words (approx. 2 pages at 300 words per page) |
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