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The American Enlightenment was a critical precursor of the American Revolution. Chief among the ideas of the American Enlightenment were the concepts of natural law, natural rights, consent of the governed, individualism, property rights, self-ownership, self-determination, liberalism, republicanism, and defense against corruption.
With a navy that was many times more powerful than its American counterpart, the British had complete control over the American ports. [4] The British took control of major port cities along the colonial east coast, and as a result, British warships were able to drastically reduce the number of ships that could successfully travel from the ...
The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was an armed conflict that comprised the final eight years of the broader American Revolution, in which American Patriot forces organized as the Continental Army and commanded by George Washington defeated the British Army.
The high tariffs that were common at the time limited profitability, but high demand for American goods allowed the United States to make up for the economic turmoil of the revolution. [96] When the war ended, the Treaty of Paris allowed British creditors to call in debts from the American market, triggering a depression . [ 97 ]
The cartoon represents the commercial status of the US during the Revolution. The American Revolution (1775–1783) inaugurated the inalienable rights of "life, liberty, and the pursuit of happiness", which emphasize individual freedom and economic entrepreneurship, and simultaneously a commitment to the political values of liberalism and ...
American researchers made fundamental advances in telecommunications and information technology. For example, AT&T's Bell Laboratories spearheaded the American technological revolution with a series of inventions including the light emitting diode , the transistor, the C programming language, and the UNIX computer operating system.
As a result, the nation’s gross domestic product — a measure of an economy’s size — will grow by an additional $7 trillion over the next decade, the nonpartisan agency projects.
Morris soon emerged as the key economic official in the country and became a leader of the Nationalist faction, an informal group of American leaders who favored a stronger national government. [76] He also had effective control over foreign affairs until Robert R. Livingston was appointed as Secretary of Foreign Affairs later in the year. [ 77 ]