Signing of the United States Declaration of Independence Signing of the United States Declaration of Independence The signing of the United States Declaration of Independence occurred primarily on August 2, 1776 at the Pennsylvania State House, Independence Hall in Philadelphia, Pennsylvania. The 56 delegates to the Second Continental Congress represented the 13 former colonies which had declared themselves the "United States of America," and they endorsed the Declaration of Independence which the Congress had approved on July 4, 1776. The Declaration proclaimed that the former Thirteen Colonies then at war with Great Britain were now a sovereign, independent nation and thus no longer a part of the British
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