A 1765 British law that imposed a direct tax on the American colonies, requiring that all paper goods be produced on stamped paper carrying a tax.
A series of laws passed in 1767 that taxed common goods imported into the American colonies, such as glass, lead, paper, and tea.
A 1773 law that granted the British East India Company a monopoly on tea sales in the colonies. It led directly to the Boston Tea Party.
The core political and financial grievance of the American colonists. It is the principle that a government does not have the right to tax a populace that is not represented in the government's legislative body.
A series of laws passed by the British Parliament, most notably in 1764, that restricted the American colonies from issuing their own paper money, or bills of credit.
A form of paper money issued by colonial governments to facilitate trade in an economy that lacked a sufficient supply of gold and silver coins.
Money in the form of coins, specifically gold and silver. There was a chronic shortage of specie in the American colonies.
The power of a state to control its own currency and money supply. The struggle over this was a key cause of the American Revolution.
The paper currency issued by the Continental Congress to fund the Revolutionary War. It was a fiat currency not backed by gold or silver.
Money that is not backed by a physical commodity and has value because a government decrees that it is legal tender.
A general increase in prices and fall in the purchasing value of money. The over-issuance of Continentals led to hyperinflation.
Money borrowed from other countries. Loans from France were essential to the American victory.
A wealthy merchant appointed as the Superintendent of Finance during the Revolution. He is considered one of America's Founding Fathers for his crucial role in financing the war.
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