Thirteen Colonies and become states. The Second Continental Congress assembled in May 1775 and began to coordinate armed resistance against Britain. It established a government that recruited soldiers and printed its own money. General Washington took command of the Patriot soldiers in New England and forced the British to withdraw from Boston. In 1776, the Thirteen Colonies declared their independence from Britain. With the help of France and Spain, they defeated the British in the American Revolutionary War. In the Treaty of Paris (1783), Britain officially recognized the independence of the United States of America. The colonial population rose to a quarter
Economic history of the United Kingdom manufactured goods were sold around the world, and raw materials and luxury goods were imported to Britain. During the Industrial Revolution the empire became less important and less well-regarded. The British defeat in the American War of Independence (1775–1783) deprived it of its largest and most developed colonies. This loss brought a realisation that colonies were not particularly economically beneficial to the home economy. It was realised that the costs of occupation of colonies often exceeded the financial return to the taxpayer. In other words, formal empire afforded no great economic benefit when trade would continue whether the overseas political