USA HISTORY

THE AMERICAN REVOLUTION 1775 1783

AMERICAN REVOLUTION SOCIAL AND ECONOMIC IMPACT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In order to pay off French and Indian War debt, the British Parliament took what action?
A
Closed the Boston Harbor
B
Passed new colonial taxes like the Stamp Act
C
Held a seaside tea party
D
Allowed the colonists to chose their own governors
Explanation: 

Detailed explanation-1: -British Parliament passed the Stamp Act to help replenish their finances after the costly Seven Years’ War with France. Part of the revenue from the Stamp Act would be used to maintain several regiments of British soldiers in North America to maintain peace between Native Americans and the colonists.

Detailed explanation-2: -The American colonists were angered by the Stamp Act and quickly acted to oppose it. Because of the colonies’ sheer distance from London, the epicenter of British politics, a direct appeal to Parliament was almost impossible. Instead, the colonists made clear their opposition by simply refusing to pay the tax.

Detailed explanation-3: -Parliament passed the Stamp Act on March 22, 1765, to pay down a national debt approaching £140, 000, 000 after defeating France in the Seven Years War (1763). A year earlier, Parliament passed the Sugar Act, their first revenue-raising measure. Both taxes promised dire consequences in a post-war economy.

Detailed explanation-4: -On March 22, 1765, British Parliament finally passed the Stamp Act or Duties in American Colonies Act. It required colonists to pay taxes on every page of printed paper they used. The tax also included fees for playing cards, dice, and newspapers. The reaction in the colonies was immediate.

Detailed explanation-5: -The result was that the British Parliament passed the 1764 Currency Act which forbade the colonies from issuing paper currency. This made it even more difficult for colonists to pay their debts and taxes. Soon after Parliament passed the Currency Act, Prime Minister Grenville proposed a Stamp Tax.

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