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yaznick27
During the reign of George III, there was a great increase of taxes to the Colonies, a decision that affected much to the American settlers at the end of the war of seven years. When the British raised taxes in the 13 colonies, many settlers went bankrupt, because they could not afford to pay their houses, or hold their own businesses, which made them bankrupt, becoming a disaster for the American economy. In addition, in the colonies the production of the tea allowed the Americans to make a lot of money, but when raising the taxes, this change negatively. Thus, people full of debts and unable to take care of their daily expenses, were pressured to seek their independence and get rid of English taxes.
berrmirsya

According to the declaration of independence Britain harmed the American economy by apply high taxes. The tax was used to pay British military troops stationed in post-War American colonies against France and India.  

EXPLANATION  

The colonists objected to the application of the tax. This objection directly led to the writing of the Declaration of Independence. The Declaration of Independence of the United States of America is a statement of independence, declared at the meeting of the Second Continental Congress at Pennsylvania State House (today Independence Hall) in Philadelphia, Pennsylvania, on July 4, 1776.  

The declaration explained that the Thirteen Colonies fought against the British Empire. The Thirteen Colonies regarded themselves as thirteen sovereign and independent countries, no longer under British rules. Through this Declaration, they took strategic steps towards forming the United States of America.

Congress appointed The Five Committee: Thomas Jefferson, Roger Sherman, Benjamin Franklin, John Adams, and Robert Livingston. In their drafting process, The Five Committee enthused by the English Enlightenment thinker John Locke whose works on government put forward two ideas that would be very important to them:

- That all humans are born with “natural rights,” including the right to protect their lives, liberty, and property

- The government is a “social contract” amid the citizen and their leaders, which can be liquified if leaders fail to promote the people’s welfare

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• Why Is the Declaration Of Independence Important?  

https://brainly.com/question/1914646

KEYWORD: American, Economy, Thirteen Colonies, Declaration of Independence  

Subject: History

Class: college

Subchapter: Declaration of Independent