Examining the Impact of the War on Colonial Economies and Global Power Dynamics
The American Revolutionary War profoundly affected the colonial economies, disrupting longstanding trade networks and destabilizing financial systems. Understanding its economic impact reveals how war reshaped colonial livelihoods and set the stage for future development. During this turbulent period, inflation, currency devaluation, and fiscal instability proliferated, posing significant challenges to colonial businesses and households alike. Exploring…