Reasons for American Revolution as an Economic Revolt against Mercantilism:

Restrictive Trade Policies:
- The British government imposed strict regulations on the American colonies, such as the Navigation Acts, which limited their ability to trade with other countries.
Taxation without Representation:
- The colonies were subject to heavy taxation by the British government without having any representation in Parliament to voice their concerns or negotiate tax policies.
Monopoly of British Companies:
- British companies were given exclusive rights to trade certain goods with the colonies, stifling competition and limiting economic growth in the colonies.
Restrictions on Manufacturing:
- The colonies were prohibited from manufacturing certain goods in order to maintain dependence on British imports, which hindered their economic development.
Impact on Colonial Economy:
- The economic policies of mercantilism led to widespread poverty and unemployment in the colonies, as well as a growing resentment towards British rule.
Rise of Smuggling:
- In response to the restrictive trade policies, smuggling became a common practice in the colonies, further challenging British authority and control over the economy.
Conclusion:
- The American Revolution can be seen as an economic revolt against mercantilism due to the oppressive trade policies, taxation without representation, monopolistic practices, restrictions on manufacturing, and overall negative impact on the colonial economy. These economic grievances played a significant role in fueling the desire for independence from British rule.