The Fiscal Revolution
Many factors had pushed the colonists from protest to rebellion. It started from the Proclamation of 1763 were it limited the British settlements to the eastern side of the Appalachian Mountains and since many colonists had already moved to the western side, they were required to move back to the east. Another factor was Quartering Acts which required the colonial legislatures to provide supplies and quarters for the British troops stationed in America. The Sugar Act was another law which was passed to raise revenue in the American colonies by lowering the duty from six pence to three pence per gallon on foreign molasses imported into the colonies and increased the restrictions …show more content…
A. What did it mean to be a Republic following Independence?
After the United States achieved its independence and formed a republic, the Americans were able to develop a unique system of constitutionalism that went far beyond the British model of an unwritten constitution. Americans were able to demonstrate to the rest of the world how common citizens could create their own governments. The original colonies had been united but the United States and the States had incurred heavy debts during the revolution which led to what so called The Fiscal Crisis.
B. Who were some key people in the New Republic? General George Washington, was the first president of the United States and the Commander-in-Chief of the Continental Army during the American Revolutionary War. He was one of the founding fathers of the United States and called the Father of this country. He was the head of the team who drafted the United States …show more content…
He was the founder of the American’s financial system. Hamilton maintained that the federal government should fund the national debt at full value. He called for an excise tax on distilled whiskey produced within the United States and he also recommended the chartering of a national bank and a government actions to promote industry.
4. Explain the outcome of the American Revolution.
The outcome of the American Revolution was the Peace of Paris. It was an arrangement between the United States negotiators and the British were they acknowledged United States independence. The British agreed to extend United States territory to the Mississippi and establish the northern borders with Canada. They also agreed on that the British forces were to leave American property and slaves behind when they left. Also, American fishermen gained access to waters off eastern Canada. This revolution sawed the seeds for future revolutions.
5. Explain how the colonists created their own government following