The first major American opposition to British policy came in 1765 after Parliament passed the Stamp Act, a taxation measure designed to raise revenues for a standing British army in America. Under the banner of “no taxation without representation,” colonists convened the Stamp Act Congress in October 1765 to vocalize their opposition to the tax. With its enactment in November, most colonists called for a boycott of British goods, and some organized attacks on customhouses and homes of tax collectors.
After months of protest in the colonies, Parliament finally voted to repeal the Stamp Act in March 1766. Most colonists continued to quietly accept British rule until Parliament’s enactment of the Tea Act in 1773, a bill designed to save the faltering British East India Company by greatly lowering its tea tax and granting it a monopoly on the American tea trade. The low tax allowed the company to undercut even tea smuggled into America by Dutch traders, and many colonists viewed the act as another example of taxation tyranny. Hope this helps!
Hello, i am not sure if this is a question, if it is can you please show the assignment and explain thoroughly the question! Thank you!
I believe its coal and iron im sry if im wrong
Answer and Explanation:
Macroeconomics refers to the analysis of the economy as a whole. It covers the components like inflation, unemployment rate, saving, investment, etc
It is important to research macroeconomics, so we can learn how the country's economy is doing.
Microeconomics also studies inflation, unemployment causes, national earnings, and market price variations.
Moreover, Macro-economics focuses on businesses and people's decisions.
The people would get to know how much is the GDP of the economy, population, etc so that the government should make the decisions based on the current situation
