EMERGENCE OF USA
THE AMERICAN REVOLUTIONARY WAR AND ITS IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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He hated the colonist
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He wanted more money for himself
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The national debt increase from the French and Indian War
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To make money for the colonies
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Detailed explanation-1: -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.
Detailed explanation-2: -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-3: -King George III and the British accumulated a massive debt after the French and Indian war. British Funds experience a dramatic shortage, so Parliament was forced to place taxes on the colonists to offset the accrued war expenses. Paying off the debt from the seven-year war was King George’s main concern.
Detailed explanation-4: -The British crown borrowed heavily from British and Dutch bankers to bankroll the war, doubling British national debt. King George II argued that since the French and Indian War benefited the colonists by securing their borders, they should contribute to paying down the war debt.
Detailed explanation-5: -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.