Which statement explains an economic impact of the American Revolution?(1 point)

Question

Responses

The American Revolution led to the rise of the “common citizen.”
The American Revolution led to the rise of the “common citizen.”

The American Revolution ended mercantilism in the United States.
The American Revolution ended mercantilism in the United States.

The American Revolution caused the Anglican Church to lose members and change its name.
The American Revolution caused the Anglican Church to lose members and change its name.

The American Revolution ended the monarchy in the United States.

Answer 1

The statement that best explains an economic impact of the American Revolution is:

The American Revolution ended mercantilism in the United States.

This change allowed for greater economic freedom and the development of a market economy, as the newly independent states were no longer bound by British trade restrictions and could establish their own trade relationships and policies.