The colonists had lived under Britain's unwritten constitution and paid the consequences.
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There are many reasons for this, such as it is cheaper to buy a used car that has already depreciated in value rather than buying a car brand new. Once you by a brand new car and drive it off the lot, the value of it decreases exponentially so in turn you lose more money than if you were to buy a used car. Think of it like this, a person in 2010 buys a brand new car for $30,000, fast forward it is now 2018 and someone else is buying that same car that is now used for maybe $10,000. The person who originally bought the car lost out on $20,000 because as time goes on, the brand new car's value has depreciated over the years to be very cheap. I hope this helps :)
Answer:
The Embargo Act of 1807 was a law passed by congress forbidding all exportation of goods from the United States. Britain and France had
been continuously harassing the U.S. and seizing U.S. ship's and men. In addition, The U.S. was not prepared to fight in a war, so Pres. Furthermore Jefferson hoped to weaken Britain and France by stopping trade The Embargo Act ended up hurting our economy more than theirs. It was repealed in 1809. The Embargo Act helped to revive the Federalists. It caused New England's industry to grow. It eventually led to the War of 1812.
Hope this helps!
