MAKING OF A NEW NATION 1776 1800
SHAYS REBELLION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To help bring the debt down from the Revolutionary War
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To make living more affordable
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To change the state of society
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To make money for a new war
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Detailed explanation-1: -The British needed to station a large army in North America as a consequence and on 22 March 1765 the British Parliament passed the Stamp Act, which sought to raise money to pay for this army through a tax on all legal and official papers and publications circulating in the colonies.
Detailed explanation-2: -In an effort to raise funds to pay off debts and defend the vast new American territories won from the French in the Seven Years’ War (1756-1763), the British government passes the Stamp Act on March 22, 1765.
Detailed explanation-3: -In order to pay for its significant expenditures during the Revolution, Congress had two options: print more money or obtain loans to meet the budget deficit. In practice it did both, but relied more on the printing of money, which led to hyperinflation.
Detailed explanation-4: -The reason why Parliament started taxing the colonists was because of the war debt resulting from the French and Indian War. The first tax, the tax on sugar, was imposed on the colonists to help pay off the debt.