why did the new united states have trouble paying its war debts
Financial costs of the American Revolutionary War
The economic warfare between Great Britain and the colonists began well before the colonies declared their independence in 1776 . Regulations from the crown were met with fierce opposition from the colonists . After lobbies and petitions proved ineffective , the colonists turned to boycotting imported English goods . Boycotting proved to be successful in crippling British trade . After the first colonial boycott in 1765 , Parliament overturned the Sugar and Stamp Acts , and after a second boycott in 1768 Parliament overturned all of the Townshend duties except for the tax on tea . The colonists persisted , and the American boycott on tea ultimately culminated in the Boston Tea Party of 1773 . Despite the Revolution 's widespread association with the colonists ' aversion to higher taxes , it has been claimed that the colonists actually paid far less tax compared to their British counterparts .
The economic warfare between Great Britain and the colonists began well before the colonies declared their independence in 1776 . Regulations from the crown were met with fierce opposition from the colonists . After lobbies and petitions proved ineffective , the colonists turned to boycotting imported English goods . Boycotting proved to be successful in crippling British trade . After the first colonial boycott in 1765 , Parliament overturned the Sugar and Stamp Acts , and after a second boycott in 1768 Parliament overturned all of the Townshend duties except for the tax on tea . The colonists persisted , and the American boycott on tea ultimately culminated in the Boston Tea Party of 1773 . Despite the Revolution 's widespread association with the colonists ' aversion to higher taxes , it has been claimed that the colonists actually paid far less tax compared to their British counterparts .