Final answer:
The economy of the pre-revolutionary war colonies impacted the 21st century United States through the development of a domestic market and economic hardships caused by the revolution and the war of 1812.
Step-by-step explanation:
The economy of the pre-revolutionary war colonies impacted the 21st century United States in several ways. One of the major impacts is seen in the development of a domestic market during the market revolution. As the United States shifted from home production to factory production, it became less dependent on imports and exports and instead focused on producing goods for the domestic market. This shift in the economy led to major social and economic changes in the United States.
Additionally, the American Revolution and the war of 1812 caused economic hardships for the combatants and their families. The government's decision to print money led to inflation, and goods became scarce in British-occupied cities. The high prices of goods and lack of pay for soldiers created financial struggles for many, particularly the poor. Congress and local organizations tried to control prices and provide relief, but the economic consequences of the war were significant.
Overall, the economy of the pre-revolutionary war colonies impacted the 21st century United States by shaping its market revolution and causing economic hardships that had long-lasting effects on American society.