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What was true about the American economic during revolutionary war?
Wiki User
∙ 7y ago
There were a number of economic causes of the American Revolution. Here is a summation of the main ones:
* Colonial industrialists and merchants were hurt by the British mecantile system which they believed hampered trade and prosperity. Under that system, the focus was to enrich England at the expense of her colonies such as the American 13;
* Plantation owners and frontiersmen/explorers, wanted to gain land by moving westward. British policies did not accomadate such movements to the West;
* The stamp tax and other taxes slowed economic growth in the 13 American colonies; and
* Import taxes lowered the cost of living for all colonists.
Wiki User
∙ 9y ago
Wiki User
∙ 13y agoWiki User
∙ 16y agoIn part of course it was the economics and greed that fueled the underpinnings of this and all wars,
Wiki User
∙ 11y agothey had no money to pay troops...they were able to trade freely with other countries... they banned taxation of goverenment so they had no way to get money to pay there debts
Wiki User
∙ 13y agoThe economy wasn't good during the American Revolution. The Continental Congress needed money to pay for the war, so they just printed pages of money. This resulted in horrible inflation.
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