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Some scholars believe, America may have enjoyed the highest standard of living in the world by the time the Revolution was drawing near. Overseas markets for timber, tobacco and rice expanded as did demand in the colonies themselves. Imports grew and trade among the colonies expanded. The new economic sanctions, legislation and taxes enacted by the British government, however, led colonists to believe this economic prosperity was about to end

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Jerrold Quitzon

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3y ago

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