The American Revolution affected American society in many ways economically, socially and politically. Economically, the war brought many the colonists many monetary hardships, having lost the British as a trading partner. Socially, the movements for equality brought up questions about slavery and women and whether they deserved the same.. Political questions Economically, the colonies, though ready to fight, found themselves short on money to finance the war. In 1764, the Currency act had forced all colonies to trade in gold and silver, and eventually caused a shortage of hard money. When it came time for the war, the government had no choice but start making paper money. The paper money only caused inflation as a result the American government had no choice but to borrow from other countries. This led to a substantial debt abroad and at home. The states paid off their debts by increasing taxes, but many people such as poor farmers couldn’t afford to pay. As Abigail Adams said in a letter to Thomas Jefferson “they cried out for paper money”, many of them wanted more money issued to help them meet their requirements. (Doc G). This led to many riots including Shay’s rebellion. Daniel Shay was veteran and he demanded paper money, tax relief, relocation of the state capital and abolition of imprisonment for debt. This led to Massachusetts offering some tax relief and postponement of payments. The new states of America needed money. Trading became a new issue once the revolution started. Before the war, because of things like the Navigations acts, the colonies were dependent for most of their trading on Britain. The first navigation act closed off all colonial trade except through English ships, the second made all goods from Europe to the colonies had to pass through England to be taxed before being shipped off. Once the war started they no longer had access to the markets of the empire. Even though this halted production for a...
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