Mr. L’s theatre proudly presents
The American Revolution

Why did some English come here in the first place?
Why were colonies set up by mother countries?
Why were colonies protected?

American revolution:
Th e English came to the New World for two reasons:
Religious Freedom and Financial Profit
They settled along the east coast and found unlimited natural resources!!! Lumber, furs, fish and rich soil to plant----

Cash crops which are sold for $ not as food...tobacco, indigo,and cotton
Colonial economics
Th e King greatly values the colonies...
They provide him with "Raw Material" which England is running low on due to the size of their country

*** Colonies are very valuable to "mother country" because of the natural resources they possess...that is why they are governed and jealousy protected!

This started the French/Indian war!
French/Indians were allies against the English
Eventually England won BUT it was a long ---
Expensive war

Effect of the French/Indian war
1. The French left the middle of the New
World and moved North to Canada...where
"footprints" are still found
2. Proclamation of 1763... King said no
English colonist are to settle west of the
Appalachian Mountains because they will fight with the Indians and he will have to send troops...

I understand what caused the American revolution...
0 1 2 3 4 5.

English---The King...who was chosen to rule by God (Right of Sovereignty) set up the colonies, protected the colonies, and has the right to rule the colonies because they are English citizens.

This made the colonist ANGRY ...Who was the king to tell them what they could and could not do!
The King and Parliment realize that the
French and Indian war cost large amounts of money !
King asks the colonist to help pay for some of the cost of the war....Colonist refuse!

The colonist tell the King that it is his responsibility to protect them because they are his loyal servants...
(Remember the King has said he has the RIGHT
OF SOVEREIGNTY...God put you in charge so it your responsibility )
The struggle between the King and colonist deepens because the King /Parliament come up with a plan to tax them....
TAX THE COLONIST!

Taxes.... The Stamp Act--- tax on paper product to pay for the French/Indian war...all legal document,
Titles to property, books, etc...
Pun ishment: if caught avoiding the tax...you go to jail without a trail by jury...YOUR GUILTY

The Stamp Act made the colonist very angry because...
1) They thought it was unfair to lose their right of a trial by jury...this was a right of all Englishmen for hundreds of year and they did not like it being taken away!
2) No taxation without representation! (colonial slogan)
Colonist said it was wrong to tax them because they had no elected official who could speak for them in England.
They wanted representatives sent from the colonies to
England ( England was 3000 miles away)

Colonist come up with 2 Ideas to defeat the Stamp Act
1) Protested...Tar and feathered English officials
Broke window....
2) Boycotted all paper products...they simply refused to buy anything that was taxed....
(Boycott sugar because King also passed the Sugar Act as a tax)

King and Parliament Lost.... they had to repeal the Sugar Act and Stamp...the colonist
WON

Quizlet https://quizlet.com/122551772/flashcards

Business principles 101---Need economics to understand the
Boston Tea Party.
You must have a Resource that Consumers
( people who want to purchase your product) desire....
You must answer the 3 questions of all businesses
...What do I make?
...How do I make it?
...For whom do I make it?

Scarcity .... The more scarce or the more a product is in demand
.... the higher the price
Principles of pricing a product...
1. when products become common = product's price drops
2.
products are limited = product's price goes up
Co mpetition plays a role in price
When consumers compete for a product the price goes up...

When businesses compete the product price goes down and the quality of the product gets better
****You never want a MONOPOLY (that's when one business has total control of an area...the price goes up and the quality goes down.

As a business person you will deal with Opportunity Cost ----
If you choose to make one product you will lose the abilty to make another product
If you choose to sell cookies...you can't go into the lawn care business
As an entrepreneur....you must use Factors of production ---
Land ---labor --capital ---to make a product that you specialize in

Once you make a product you must figure out how to distribute the product...
Allocation of resources....
1.
Price economy or market economy---sets up a competition system ***people (consumers) buy products made by companies
(producers)
Ov erall advantage of this system---usually one will get the best product at the lowest price
Di sadvantage some people get left out...no $ = no product

2. Command economy---government takes control and sets prices---no competition occurs between businesses or consumers
Ad vantage ---In theory no one is left out and everyone is treated equal
Di sadvantage ---no competition--- which makes the best products at the lowest prices

3. Lottery system everyone is treated equal and gets the opportunity to get the "resource" by chance
Advantage---very fair
Disadvantage---no competition---you are given resource by chance

4.
First come---first serve ...businesses like this because this creates competition among consumers...makes prices go up
Ad vantage ---really for businesses because consumer have to compete---prices stay high or go up
Di sadvantage --- consumer get left out

5. Rationing---(limited resources)--are given equally to every person
Advantage --- very fair
Disadvantage --- no competition and product is divided into smaller pieces

Land---The rise of Factories
Small farms businesses(cottage industries) turned into factories---Large buildings that housed capital and labor under one roof
Assembly lines...division of labor...workers trained to do one job well...and pass product along. Ex Cars....
...Increased amount of cars produced
Mechanization --- using machines to do the jobs of humans---
Faster and work longer...Leading to Shifts...factories working around the clock

Factories---led to specialization---the ability to produce one product well.
Pittsburgh ...Steel
Akron...rubber...tires
Michigan....Fords
Regions become interdepent ---they need the products from each other to produce their own products.

Transportation --- Having to get your product to market.
Foot---go anywhere but slow and can't carry much
Horse and wagon--Carry alot---go across fields--slow
Canals--- carry alot ...Faster but need water
Train...Carry alot..fast...go anywhere you lay tracks
Automobile---go anywhere there are roads ..fast...gives independence
Planes---fast but expensive
Boats?

Monopolies are terrible for consumers...A monopoly is when one business has total control of the marketplace...
they can raise prices and drop quality ---there is no competition to drive down prices

Colonists sent the Declaration Of Independence letting the king know he was official remove from power and the people were forming a new nation

Common sense 1775 led to Declaration of Independence
1776

1750
Events leading to American revolution
1765
1755
French/Indian war
1775
1760 1770
1780
Declaration of
Independence
Lexington/Concord
Intolerable acts
Boston tea party
Boston massacre
Townshend act
Stamp act
Sugar act

Got rid of monarchy during American Revolution...had to set up new government to replace the king they just got rid of...
Thus the Constitution was written 1787
It is a living document ...it has the ability to be changed. You can add or subtract ideas and laws from it.
It is the highest law in all the land ...the final word on any topic

1. Opening paragraph is called the Preamble...We the people
(gave power to the people who exercise their power by voting)
2. Set up federal government...3 branches
.
...Legislative branch---makes the laws--- headed by Congress
.
...Executive branch---enforces the laws--- headed by President
.
...Judicial branch---interprets the laws--- Supreme Court

3. Set up system of checks and balances so no one branch becomes too powerful.
4.Gave every citizen specific rights ....
The Bill of rights...(10 ammendments)
The first amendment....Freedom of religion, freedom of press, freedom of assembly, freedom of speech.