In the wake of the American Revolution, a critical question emerges concerning t

In the wake of the American Revolution, a critical question emerges concerning the economic impact of the war on the fledgling United States. To what extent did the financial cost of the Revolutionary War influence the nation’s post-war economic stability and fiscal policies? Calculating the war’s cost involves assessing various factors, such as troop salaries, munitions, naval expenses, and debt incurred, spanning from 1775 to the Treaty of Paris in 1783. Additionally, considering inflation rates during this period is crucial for a precise assessment. How did the issuance of Continental Congress bills, loans from foreign powers like France, and the eventual establishment of the United States Mint impact the nation’s financial landscape? Furthermore, evaluating the economic consequences of war on different regions and social classes within the United States adds complexity to the equation. How did these financial burdens shape early American economic policies, such as the formation of a national bank and debates over taxation? To comprehensively understand the aftermath of the Revolutionary War, how can we calculate and contextualize its economic toll on the newly independent United States?