Diplomacy in the American Revolutionary War 15 April 1783, this treaty was signed on 3 September 1783, and ratified by Congress on 14 January 1784, formally ending the American Revolutionary War between Great Britain and the thirteen former colonies which on 4 July 1776 had formed the United States of America. Signed at Versailles, 3 September 1783, by George Montagu, 4th Duke of Manchester and the Count of Aranda. Privileges which the Americans had received from Britain automatically when they had colonial status were withdrawn, (including protection from pirates in the Mediterranean that led to the First Barbary War and the Second Barbary War). Individual states
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