Adam Smith, he was the first to write on the concept of a free market economy, the basis of Capitalism.
Because it’s first hand information
The Crown passed the Intolerable Acts as to punish the colonists for their disobedience
<u>Explanation:
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In the year 1773 the British Parliament had enacted The Intolerable Acts as a penal action against the colonial insubordination after the incident of Boston Tea Party. This was a protest to resist the British Imperialism in U.S. and was majorly concentrated in Boston and Massachusetts.
The protest was staged to oppose the burden of taxes on tea by the Crown. The protest was carried out by entering the ship which was carrying the tea for East India Company and throwing the shipped containers of tea into the Boston Sea port.
