A flood of cheap British manufactured imports that sold cheaper than comparable American-made goods made the post-war economic slump worse. Finally, the high level of debt taken on by the states to fund the war effort added to the economic crisis by helping to fuel rapid inflation.
What was traded from the West Indies to America?
The rest were traded to the mainland colonies in exchange for lumber, grain, flour, and salt fish. …
Why did the British government restrict trade with America and the British West Indies?
They were designed to make the American colonies dependent on the manufactured products of England. Therefore, the British forbade all non-English ships from trading with the colonies. Because ships made in the colonies were considered British, they too were restricted to trade between homeland and mother country.
How did the West Indies impact the Revolutionary War?
From the outset, the Revolutionary War involved the West Indies. The islands became an essential channel of gunpowder and military supplies provided by the French and Dutch for the state militias and the Continental army.
What are the impacts of the American Revolution?
The Revolution also unleashed powerful political, social, and economic forces that would transform the post-Revolution politics and society, including increased participation in politics and governance, the legal institutionalization of religious toleration, and the growth and diffusion of the population.
What products came from the West Indies?
They collected “country produce” from outlying farmers at their stores in exchange for imported goods: English cloth, iron, glass, and crockery; East Indian silk, tea, and spices; and West Indian sugar, molasses, rum, salt, fruit, and coffee.
What were the main exports of the West Indies?
THE PRESENT ECONOMIC POSITION IN THE WEST INDIES. 297, the higher grade textiles. Tomato and pineapple fruits, sisal and sponges,, and lumber are the chief exports.
Who was responsible for enforcing British law in the colonies?
This led British Prime Minister George Grenville to reduce duties on sugar and molasses but also to enforce the law more strictly. Since enforcement of these duties had previously been lax, this ultimately increased revenue for the British Government and served to increase the taxes paid by the colonists.
What was the West Indies most important export?
Sugar, bananas, citrus, cocoa, and spices are the principal exports and the major source of foreign exchange for a number of countries.
What two nations benefited most from the American Revolution?
A number of European countries assisted the American colonists. The primary allies were France, Spain, and the Netherlands with France giving the most support.
What was sent from Africa to the West Indies?
Triangular Trade – The Trade Routes The Triangular Trade routes, covered England, Europe, Africa, the Americas and the West Indies. The West Indies supplied slaves, sugar, molasses and fruits to the American colonies.
Why was mercantilism good for the Colonies?
Mercantilism was a popular economic philosophy in the 17th and 18th centuries. In this system, the British colonies were moneymakers for the mother country. The distance from Britain and the size of the British Empire was an advantage for the colonies. It was expensive to send British troops to the colonies.