Political Economy of the American Revolution - Book Report/Review Example

The vivid demand and supply curve shows how they orchestrated their business strategies to maximize profit and discouraged trade with other parts that were not their colonies by increasing product expense by more than 100%. It also gives an idea of the strategies the colonialists used to ensure they remained in control of the trade of valuable farm products such as tobacco.Did the revolutionary war affect trade? Reading through the revolution part one gets to understand that trade was not affected that much by the war.

It further explains how the colonialists secured the harbor to ensure the export of products high in demand such as tobacco and turpentine was maintained. However, the armies were affected by the revolution as it reached a point they lacked basic needs such as clothing and shelter. The monopolization of the market is one of the things portrayed clearly in the reading. The colonialists took the necessary measures to ensure that they dominate the tobacco market by adopting some legislation (THE AMERICAN REVOLUTION 60).

High-quality tobacco products came from the colonies that allowed them to have a word on market policies and prices thus maximizing profit. One of the critical observations is about the benefits that the colonies got from the production and business with other countries under the colonialists. It is seen after the war as they are more organized and have something to offer in the European market for economic improvement.