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April 1, 2024
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2 jan 1764 ano - Sugar, Currency Acts

Descrição:

SUGAR ACT
- taxes on sugar and molasses
- bad for American whiskey business
- used to crackdown on smuggling
- FIRST EXPLICIT REVENUE TAX

CURRENCY ACT
- outlawed (colonial) paper money
- shortage of gold and silver on the colony meant few had means other than paper to buy
- importing more than exporting meant that Americans were always in debt --> law hurt economy further

- Americans take hesitant and uncoordinated opposition to acts

Adicionado na linha do tempo:

14 abr 2018

Data:

2 jan 1764 ano
Agora
~ 260 years ago