Yeah, that fits in with "not profiting that much off of empire building". And I think germany became an economic powerhouse through industrializing.
The british trying to pull a profit or stop their losses (can't remember which) from the colonies was the driving force I'm pretty sure. America couldn't be represented...their interests were too separate from the british interests. They would have had no power in parliament even with representatives.The problem in America wasn't getting the money, the problem was not giving them representation.
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