HILD 2A-B-C Lecture Notes - Lecture 14: Oligarchy, Invisible Hand, Daniel Shays
23 Feb 2018
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Lecture 14: the american war and articles of confederation. Motives for and significance of french entry into the american war of independence. In what ways was the american war of independence revolutionary [refer to. The articles of confederation and their limitations. Featureso of shay"s rebellion and its significance. Spain enters the war in 1779, dutch republic, 1781. Britain defends its empire while trying to suppress the issue with their colonies in the. Forces waiting for reinforcements and supplies that never came and end up surrounded by washington. Surrender (october 17th, 1781) virtually ends war in the 13 colonies. People shorthand the american war of independence. Taxes and economy are way worse after the conflict because they have to pay for their own administration and defense now. Reinforces adam smith"s wealth of nations (1776) Argues that free trade (without government intervention) is better, they should let the invisible hand of trade guide the economy. Local progression and experimentation, national status quo.
