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emmasim [6.3K]
3 years ago
9

How did the newly independent United States attempt to formulate a national economy?

History
1 answer:
makvit [3.9K]3 years ago
7 0

Answer: Alexander Hamilton's plan was for the Federal government to absorb all of the state debt and turn it into a national debt. He would then increase tariffs on foreign trades to help pay off that debt and he taxed whiskey. Hamilton hoped that as the upper class and government got richer money would trickle down the ranks to the common class.

Explanation:

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How would colonist boycotts of British goods be harmful to Britain’s economy
Mila [183]

Answer:

If the British expected the Townshend Acts to be accepted by the Americans, they were sorely disappointed. The Townshend Acts further exacerbated the relations between the Americans and the British. American newspapers immediately began to criticize The Acts. The most influential opponent of the Acts was a Pennsylvanian farmer by the name of John Dickinson. Dickinson wrote a series of letters that were published by the Pennsylvania Chronicle and Universal Advertiser. These letters became known as "The 12 letters from a farmer in Pennsylvania". The first letter appeared on December 2nd 1767. These letters were reproduced in 19 of the 23 colonial newspapers.

The overriding theme of Dickinson's letters was that the English had the right to regulate trade. However, Dickinson maintained the English had no right to impose taxes on the colonies, since the colonies were not represented in the parliament. Dickinson suggested in his letters that the colonist petition directly to the King. Dickinson advised that until their grievances were met the colonists should boycott all English goods.

The Massachusetts Assembly was called into session on December 30, 1767. It met for 16 days, during which time, it debated a resolution attacking the Townshend Acts. At the end of the meeting the Assembly approved a letter written primarily by Samuel Adams that was to be circulated to the other colonies. The letter called on all the colonies to resist the Townshend Acts The letter stated that the parliament had no right to tax the colonies for the sole purpose of raising revenues, since the Americans were not represented in the parliament.

The British government responded with outrage to actions of the assembly. The British demanded that the assembly either rescind the letter or the assembly would be disbanded. The British government knew this was a dangerous path to take, but went ahead anyway. The governor requested the presence of British troops in the colony of Massachusetts, which only further inflamed that colony. When the Massachusetts Assembly met again, it was even more-anti British. The only business the Assembly wished to conduct were protests against the Townshend Acts.

Massachusetts was not the only colony to object to the Townshend Acts. The part of the Acts entitled, "The New York Restraining Act:, attracted the most resentment from the New York Assembly, who over the objections of the governor passed a resolution stating that the parliament had no right to suspend a state assembly. The New York legislator further affirmed that the Assembly had the right to correspond with representatives of any other colony, if it wished.

South Carolina joined the ranks of legislatures protesting the Acts, and was soon the most vociferous of its opponents. Ultimately, it was not the political protest that had the most effect on the British, but it was the boycotts by the colonists. All of the colonies organized boycott committees. With the encouragement of the Sons of Liberty colonial merchants began boycotting British goods. This effectively cut the American purchases from England by half, seriously effecting British merchants. Between the economic and political boycotts the colonists had become united, as never before, in opposition to the British actions.

Explanation:

4 0
3 years ago
During world war 2 the army enlisted women for the first time although they were barred from
Fiesta28 [93]
They were barred from combat
7 0
3 years ago
In Iran, both the Revolution of 1979 and the rise of Islamic fundamentalism have caused * 4 points A) an increase in women's rig
docker41 [41]

Answer:

B) Tension between traditionalism and modernization to continue.

Explanation:

This took place in the 20th century especially in the year 1979. This revolution is said to have brought together Iranians across many different social groups, has its roots in Iran’s long history. These groups, which included clergy, landowners, intellectuals, and merchants, had previously come together in the Constitutional Revolution. Efforts toward satisfactory reform were continually stifled, however, amid reemerging social tensions as well as foreign intervention from Russia, the United Kingdom, and, later, the United States.

4 0
4 years ago
The ecomomic system that came out on top at the end of the cold war was
lara31 [8.8K]

Answer:

Capitalism

Explanation:

With U.S economic culture dependent on capitalism and increased influence of U.S.A over the world and downfall of communism led to increased influence of capitalism.

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3 years ago
A system of economics in which producers and consumers make their own decisions to meet their needs and wants.
seraphim [82]

Answer:

In a market economy, the private-sector businesses and consumers decide what they will produce and purchase, with little government intervention. ... In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed.

Explanation:

4 0
3 years ago
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