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The Revolutionary War Was An Economic Revolution - Online Term Paper

The Revolutionary War Was An Economic Revolution



Many of the events leading to the Revolutionary War pertained to the production, distribution, and use of income, wealth, and commodities. Some of these events included The Stamp Act of 1765, The Boston Tea Party in 1773, and The Boston Port Act passed in 1774. .
The Stamp Act of 1765 required the Americans to purchase government stamps to be placed on all legal documents, bonds, newspapers, insurance policies, and even playing cards. This was a direct tax on the people. The Stamp Act then threatened to take money directly from the colonists without their consent. The colonists argued that this tax violated their right to tax themselves. It was levied without the consent of their ...

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as Indians, the event was not secret, supporters cheered from the wharf. Why, given low price for tea, would the colonists be upset by the Tea Act of 1773? The merchants could no longer compete with the low prices offered by the agents of the East India Company. The colonial merchants would be driven out of business. With this threat to their businesses, the colonists reacted swiftly and crowds rioted in the streets. The Boston Tea Party was called “the boldest stroke which had yet been struck in America.” It marked the beginning of violence in the dispute. King George, demanded t hat the Americans be brought under control. As punishment, Parliament enacted a string of laws that colonists called the “Intolerable Acts.”
The Boston Port Act was part of the Intolerable Acts or Coercive Acts. The Boston Port Act was designed to punish the people of Boston for their destruction of the tea. Provisions of the bill included the closure of Boston Harbor to Commerce, the ...

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The Revolutionary War Was An Economic Revolution. (2004, March 11). Retrieved December 23, 2024, from http://www.essayworld.com/essays/The-Revolutionary-War-Was-Economic-Revolution/4374
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PAPER DETAILS
Added: 3/11/2004 05:07:08 AM
Category: American History
Type: Premium Paper
Words: 512
Pages: 2

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