In a paragraph, analyze how the American Revolution worsened the economic condition for many citizens. Consider the people who raised concerns about economic problems.
Include the steps citizens took to address their economic problems.
(4 points)
The American Revolution had a detrimental impact on the economic condition of many citizens. During the war, trade was disrupted and many industries, particularly those dependent on British imports, suffered greatly. Additionally, the Continental Congress faced immense financial challenges in funding the war, resulting in hyperinflation and a devaluation of the currency. This led to higher prices for basic goods, making it difficult for ordinary citizens to afford daily necessities. Concerns about these economic problems were raised by a diverse range of people, including farmers, artisans, and merchants. To address their economic woes, citizens engaged in various initiatives. For instance, farmers resorted to self-sufficiency, focusing on subsistence agriculture to meet their basic needs. Artisans established their own workshops and co-operatives, aiming for local production and trade. As trade with Britain was disrupted, merchants turned to other markets and established new trade connections. Overall, the economic challenges caused by the American Revolution prompted citizens to implement creative measures to mitigate the worsening conditions.
