It influenced the life of the colonies because different places could grow different things. It's kind of like diversity, but in the 1700's.
The two things that helped prevent Japan from falling into the Great Depression along with so many other nations were devaluing currency and deficit spending.
In the Great Depression during the 1930s, a lot of countries abandoned their gold standard. Devaluations were common with widespread high unemployment. This policy is described as “beggar they neighbor”, wherein countries compete to export unemployment.
Well, the best answer is: we don't really know for sure; the event wasn't documented properly.
There are some guesses though, and one of them is the following: the Liberty Bell cracked in 1824, when Marquis de Lafayette was visiting. Another time mentioned often is 1835.
They supported highly unpopular income tax
