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doubled englands national debt
Tobacco production and exportation were staples of the Colonial economy. Tobacco production increased slave labor in the colonies. Debt to British tobacco merchants led to financial devastation for many prominent colonists.
The reason the British imposed the Tea Act on the Colonists was due to debt. Britain had taken on much debt to help the colonists and they were trying to recover some of the funds.
extreme war debt
So that they could pay off the debt caused from the French and Indian War.
The British accumulated a great debt. As a result the british imposed new taxes on the colonial people of america.
cause it pissed the british off that they werent getting their moneyWell, they didn't want to pay the British during the Revolutionary War because it be a waste. They used it for themselves and British didn't gain any money so they were in great debt, and they eventually lost like a slow debt.
By signing your future over to debt.
For a time it was reasonable, but following the French and Indian War, the British needed a means of paying off debt accumulated during the war. This debt came on the people of the colonies. They caused protest and riots throughout the colonies, starting primarily in Massachusetts.
doubled englands national debt
a humongous debt which made the british tax the colonists which started the am. rev. a humongous debt which made the british tax the colonists which started the am. rev.
The Seven Years War, came to an official end in 1763. But the British and the Colonial Americans were constantly in conflict over who deserved the full credit of the victory. Each underestimated the other. The British also complained about the poor behavior of the colonial civilians regarding inadequate food and shelter provisions. The colonists debt towards the British grew rapidly. All these causes developed the conflict gradually.
Tobacco production and exportation were staples of the Colonial economy. Tobacco production increased slave labor in the colonies. Debt to British tobacco merchants led to financial devastation for many prominent colonists.
lot of money in debt due to war cost. to build and fix damage. means that taxes put in place to out themselves of debt.
If you are in debt and owe money to a lot of creditors, there is a proven method for dramatically improving your situation. However, you may need to take on a part-time job or cut unnecessary expenses for it to be most successful. Starting with your smallest debt or the one with the highest interest rate, pay all available funds toward that debt and use the money you are saving each month toward paying off the next debt.
The British needed to pay the debt from the war. This would cover part of the costs.
British imposed new taxes in order to pay their debt. :P