The history of the American economy is believed to have started with the American settlements that can be traced back in the 17th and the 18th centuries ( Miller, et al., 2015) . From the ancient times to the contemporary society, the American economy is considered to be one of the most highly developed economies because of its stable purchasing power parity (PPP). The concept of free market economics that is associated with the American government that took the initiative to formulate measures as regulatory policies is considered as one of the most successful economic intervention that enhanced economic growth globally ( Miller, et al., 2015) . The implication is that in the US, there are regulatory policies that were enacted by the government with the intention of improving the state of free markets hence giving an ample foundation for the American Revolution and other phenomena that were dependent on economic issues in America.
The economic policies that had prevailed during the colonial period are regarded as the major contributors of financial success in most of the European countries ( Dahrendorf, 2017) . The American Revolution is among the occurrences that were majorly triggered by economic factors. The leading cause of the revolution relates to the unlawful action by the British regime concerning trade, the social order and the imposition of taxation policies without representing the colonists. An important point to note is that the American government had opted to revolt with the intent of stabilizing their economy. The assertion is that the British Empire has opted to implement a regulatory policy known as the Mercantilism with the Navigation Acts ( Dahrendorf, 2017) . The policy was formulated as a hindrance measure to the American colonies as they were engaging in trade with any colonial powers other than the British.
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In later years, tension started pilling between Britain and the colonialist after King George III increased the taxes in 1765, hence making the Americans have no option but revolt against such forms of exploitation ( Dahrendorf, 2017) . Boycotting the British goods was the primary practice that was undertaken during the revolution. It is right to mention that the Americans were complying with the concept of Adam Smith- Invisible Hand- a market force that always creates the demand and supply of goods in a free market so that the markets can automatically achieve an equilibrium state. Moreover, the idea that was introduced by Adam Smith had indicated that an economy stands a better chance of performing best in a state of the free market because the government will leave people to buy and sell freely without regulatory policies that will hinder their interactions ( Dahrendorf, 2017) . Thus, the leading economic issue that led to the emergence of the American Revolution was the regulatory policies that were introduced by the British Empire.
Most of the colonial economies are believed to be successful because they were based on the approach of free markets where the colonists were against the idea of regulatory policies ( In Balleisen, & In Moss, 2010) . However, for the case of the American government, they have been criticized on several occasions from the ancient times to the contemporary society because of their inconsistent approach concerning the regulatory policies that compromise the existence of a free market in the state. The market economy was able to survive in the colonies before the emergence of the French and Indian because there were regulatory policies that were imposed by the governing bodies ( In Balleisen, & In Moss, 2010) . The British Empire was determined to exploits the resources of the colonialist by using the mercantilism policies.
References
Dahrendorf, R. (2017). Reflections on the Revolution in Europe . Routledge.
In Balleisen, E. J., & In Moss, D. A. (2010). Government and markets: Toward a new theory of regulation . New York, [etc.: Cambridge Unniversity Press.
Miller, T., Kim, A. B., & Holmes, K. (2015). 2015 Index of economic Freedom. Washington DC: The Heritage Foundation .
