Tag: economy

Posted on February 23, 2015August 28, 2016

How was the Revolutionary War paid for?

It’s one thing to make speeches about declaring independence, or to assemble militias and discuss battle tactics against the enemy. It’s quite another thing to pay for it all. So how do you pay for a war that no one expected to last eight years? Great Britain possessed world-wide colonies, tremendous wealth, the ability to […]

by John L. Smith, Jr.

Posted on October 3, 2013February 26, 2014

Could America Have Thrived Without Slavery?

Could the new nation have thrived economically if slavery had been abolished when the colonies won independence? Probably would have thrived even more. Tobacco economy was bust by the 1770s, Virginia and Maryland had too many slaves, freeing them would have pushed Virginians into other economic fields, led more into the Ohio territory (where […]

by Editors