These acts affected the lives of colonists because they were being treated as if they were still under the king’s rule. They had to house soldiers and pay taxes that went to the king although they weren’t living there anymore.
It would be primarily in a "socialist" economic system that the government controls the businesses that affect most citizens, such as railroads and electrical power, since wealth in this system is largely "redistributed" through the federal system.
It is important because if you dont compromise it could lead to bad things.
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Answer:
They refused to ratify the treaty asking for more money.