Signing of the United States Declaration of Independence Empire. The signers’ names are grouped by state, with the exception of President of the Continental Congress John Hancock; the states are arranged geographically from north to south. The final draft of the Declaration was approved by the Continental Congress on July 4, although the date of its signing has long been disputed. Most historians have concluded that it was signed on August 2, 1776, nearly a month after its adoption, and not on July 4 as is commonly believed. The Second Continental Congress adopted the Declaration of Independence on July 4, 1776, with 12 of the 13 colonies voting
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