the colonies' victory demonstrated that a king could be defeated.
Explanation:
Basically if America had not fought for their freedom the the other countries wouldn't have thought it was even possible to go against their oppressors because they looked bigger than themselves.
I feel like “The voyages were risky, and there was no insurance to cover the risk” is the answer. Investors didn’t want to lose money and the only way that they would somehow break even on the cost would be if the voyage found riches.
An example of an organization that sprung from the Second Great Awakening was the "American Bible Society" which promoted Christian education throughout the US.