The happenings at the second half of the 20th century paved way for a new conservatism movement. The American people at that time thought that "liberalism had gone too far" which could mainly be attributed to the rise of the civil rights movement and the course of the Cold War.
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In 1763, the British government emerged from the Seven Years' War burdened by heavy debts. ... The result was that the British Parliament passed the 1764 Currency Act which forbade the colonies from issuing paper currency. This made it even more difficult for colonists to pay their debts and taxes.
