At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
They didn't really care until Britain started to tax them. It ran their economy and paid their bills.
5
raise taxes to avoid-out-of-control economic growth
The response of businesses and individuals to fiscal policy changes is closely related to their expectations about future economic conditions, including factors like consumer demand and interest rates. Businesses may adjust their investment and hiring decisions based on anticipated changes in government spending or tax policies. Similarly, individuals may alter their consumption and savings behavior in response to tax cuts or increased government benefits. Overall, the effectiveness of fiscal policy hinges on how these agents perceive and react to the changes implemented.
There are two general limitations:Inefficient resource distribution: surplus and shortage; The economic planners are unlikely able to accurately predict future supply and demand. Without market forces to adjust demand and supply you will likely end up with inefficiencies in production as a resut of surpluses for goods not wanted and shortages of goods which were desired.Suppression of economic democracy and self-management. Market forces allow entrepreneur and business to react quickly to market forces and ensure that there are less shortages and surpluses.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
because they became eqaul
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
they started to boycott
At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.
they were jdnjdbj