Which statement explains in an economic impact of the American revolution

Answer 1

One significant economic impact of the American Revolution was the shift from a mercantile economy controlled by Britain to a more independent economic system in the United States. The war disrupted trade with Britain, leading to shortages and economic hardship, but it also encouraged American colonists to manufacture their own goods and develop domestic industries. This transition laid the groundwork for the growth of a national economy and the eventual rise of American capitalism, as independence allowed the U.S. to seek new trade relationships and expand into markets not previously accessible under British rule. This economic independence fostered innovation and entrepreneurship, contributing to the nation's long-term economic development.