The Declaration of Independence

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Political, Social and financial significance of the Declaration of Independence Often a single document defines and commemorates an event or a moment in time that is of importance. The Declaration of Independence is the principal document that defines and commemorates the birth of the United States and the independence of our nation. The Declaration of Independence defines the right of the people to defy the established order, to change their government, and to throw off an oppressor. [1] The Declaration of Independence expresses America's foundation and independence and the basic freedoms that this nation strives to embody, such as "life, liberty, and pursuit of happiness". The important thing about the Declaration of Independence is…show more content…
Yet the general economic picture was far from rosy. War had spawned demoralizing extravagance, speculation and profiteering, with profits for some as indecently high as 300 percent. Runaway inflation had been ruinous to many citizens, and Congress had failed in its feeble attempts to curb economic laws. The average citizen was probably worse off financially at the end of the shooting than the start. The whole economic and social atmosphere was unhealthy. A newly rich class of profiteers was noisily conspicuous, whereas many once-wealthy people were left destitute. The controversy leading to the Revolutionary war had bred a keen distaste for taxes and encouraged disrespect for the majesty of the law generally. John Adams has been shocked when gleefully told by a horse-jockey neighbor that the courts of justice were all closed, a plight that proved to be only temporary. Although each state was well prepared and eager to govern itself when Independence was declared, a state could not do some things on its own. It could not raise and maintain a large army. Americans realized that 13 small and separated forces would be no match for the big British army. Americans realized that if they wanted to win the war with Great Britain, they needed a single and strong army under a central control. For this and other reasons, the Second continental Congress made plans for a
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