Full Description
This book explores the economic factors that led to Britain forfeiting its North American colonies. Placing discussions within both a historical and political context, the development of the colonial economy is examined in relation to both slavery and the industrial revolution. In turn, changes to British tax policy post-1760 and the increased burden placed on American taxpayers are detailed, alongside the resentment and resistance to them. These factors, as well as nonimportation agreements and boycotts, are highlighted as the major motivations for the American Revolution.
This book aims to provide an accessible foundation to the economic and political issues central to Britain's colonial activities in North America. It will be relevant to students and researchers interested in the political economy and economic history.
Contents
Part I Introduction.- 1 Historical and Political Background.- Part II The Economy of Colonial America.- 2 Labour.- 2.1 Slave Labour.- 3 The Slave Trade and Britain's Industrial Revolution.- 4 Economic Impact of Slavery.- 5 Industry.- 6 Land Values, Tenancy, and Private Ownership.- Part III The Politics and Economics of British Trade and Revenue Policies.- 7 The End of Salutary Neglect.- 8 Trade and Navigation Acts.- 9 The Stamp Act.- 10 The Townshend Duties.- 11 Nonimportation.- Part IV Rebellion: Revolution andIts Aftermath.- 12 Confiscation.- 13 Repudiation.- 14 Foreign Loans.- 15 Fiat Money?.- 16 Trade and Trade Policy.- Conclusion.- Index.
