The Economy Of Colonial America

The colonial era is especially appealing in regard to economic history because it represents a study in contrasts. The economy was exceptionally dynamic in terms of population growth and geographical expansion. No major famines, epidemics, or extended wars intervened to reverse, or even slow down appreciably, the tide of vigorous economic growth. Despite this broad expansion, however, the fundamental patterns of economic behavior remained fairly constant. The members of the main occupational groups - farmers, planters, merchants, artisans, indentured servants, and slaves - performed similar functions throughout the period. In comparison with the vast number of institutional innovations in the nineteenth and twentieth centuries, structural change in the colonial economy evolved gradually. With the exception of the adoption of the pernicious system of black slavery, few new economic institutions and no revolutionary new technologies emerged to disrupt the stability of this remarkably affluent commercial-agricultural society. Living standards rose slowly but fairly steadily at a rate of 3 to 5 percent a decade after 1650. (Monetary sums are converted into 1980 dollars so that the figures will be relevant to modern readers.) For the most part, this book describes the economic life styles of free white society. The term "colonists" is virtually synonymous here with inhabitants of European origin. Thus, statements about very high living standards and the benefits of land ownership pertain only to whites. One chapter does focus exclusively, however, on indentured servants and slaves. This book represents the author's best judgment about the most important features of the colonial economy and their relationship to the general society and to the movement for independence. It should be a good starting point for all - undergraduate to scholar - interested in learning more about the seventeenth and eighteenth centuries. This popular study, lauded by professors and scholars alike, has been diligently revised to reflect the tremendous amount of new research conducted during the last decade, and now includes a totally new chapter on women in the economy. Presenting a great deal of up-to-date information in a concise and lively style, the book surveys the main aspects of the colonial economy: population and economic expansion; the six main occupational groups (family farmers, indentured servants, slaves, artisans, great planters, and merchants); women in the economy; domestic and imperial taxes; the colonial monetary system; living standards for the typical family

Studies the economy of colonial America by looking at the different occupational groups including farmers, servants, and merchants, and also the taxes and politics of the time.

By the American Revolution, the farmers and city-dwellers of British America had achieved, individually and collectively, considerable prosperity. The nature and extent of that success are still unfolding. In this first comprehensive assessment of where research on prerevolutionary economy stands, what it seeks to achieve, and how it might best proceed, the authors discuss those areas in which traditional work remains to be done and address new possibilities for a 'new economic history.'

In this Very Short Introduction, Alan Taylor presents the current scholarly understanding of colonial America to a broader audience. He focuses on the transatlantic and a transcontinental perspective, examining the interplay of Europe, Africa, and the Americas through the flows of goods, people, plants, animals, capital, and ideas.

Ever wonder how the American economy became the most powerful one in the world? Tying America's past to the economic policies of today and beyond, the popular History of the American economy, answers this critical question and more, presenting events chronologically for easy understanding. This prestigious book has been used by more learners than any other of its kind in the U.S. Market. History of the American economy has helped generations of learners understand how the American economy evolved. Completely updated with recent research by economic historians, this trusted book ties this country's past to the policies and debates of today and beyond. Visual aids, tables and graphs reinforce learning and encourage interest in the study of economic history.

No era in American history has been more fascinating to Americans, or more critical to the ultimate destiny of the United States, than the colonial era. Between the time that the first European settlers established a colony at Jamestown in 1607 through the signing of the Declaration of Independence, the outlines of America's distinctive political culture, economic system, social life, and cultural patterns had begun to emerge. Designed to complement the high school American history curriculum as well as undergraduate survey courses, "Colonial America: An Encyclopedia of Social, Political, Cultural, and Economic History" captures it all: the people, institutions, ideas, and events of the first three hundred years of American history. While it focuses on the thirteen British colonies stretching along the Atlantic, Colonial America sets this history in its larger contexts. Entries also cover Canada, the American Southwest and Mexico, and the Caribbean and Atlantic world directly impacting the history of the thirteen colonies. This encyclopedia explores the complete early history of what would become the United States, including portraits of Native American life in the immediate pre-contact period, early Spanish exploration, and the first settlements by Spanish, French, Dutch, Swedish, and English colonists. This monumental five-volume set brings America's colonial heritage vibrantly to life for today's readers. It includes: thematic essays on major issues and topics; detailed A-Z entries on hundreds of people, institutions, events, and ideas; thematic and regional chronologies; hundreds of illustrations; primary documents; and a glossary and multiple indexes.

Describes the shops, working methods, and products of the different types of tradesmen and craftsmen who shaped the early American economy.

With this book, Allan Kulikoff offers a sweeping new interpretation of the origins and development of the small farm economy in Britain's mainland American colonies. Examining the lives of farmers and their families, he tells the story of immigration to the colonies, traces patterns of settlement, analyzes the growth of markets, and assesses the impact of the Revolution on small farm society. Beginning with the dispossession of the peasantry in early modern England, Kulikoff follows the immigrants across the Atlantic to explore how they reacted to a hostile new environment and its Indian inhabitants. He discusses how colonists secured land, built farms, and bequeathed those farms to their children. Emphasizing commodity markets in early America, Kulikoff shows that without British demand for the colonists' crops, settlement could not have begun at all. Most important, he explores the destruction caused during the American Revolution, showing how the war thrust farmers into subsistence production and how they only gradually regained their prewar prosperity.

Using an intensely local lens, McWilliams explores the century-long process whereby the Massachusetts Bay Colony went from a distant outpost of the incipient British Empire to a stable society integrated into the transatlantic economy. An inspiring story of men and women overcoming adversity to build their own society, From the Ground Up reconceptualizes how we have normally thought about New England's economic development

In recent years, scholars in a number of disciplines have focused their attention on understanding the early American economy. The result has been an outpouring of scholarship, some of it dramatically revising older methodologies and findings, and some of it charting entirely new territory&—new subjects, new places, and new arenas of study that might not have been considered &“economic&” in the past. The Economy of Early America enters this resurgent discussion of the early American economy by showcasing the work of leading scholars who represent a spectrum of historiographical and methodological viewpoints. Contributors include David Hancock, Russell Menard, Lorena Walsh, Christopher Tomlins, David Waldstreicher, Terry Bouton, Brooke Hunter, Daniel Dupre, John Majewski, Donna Rilling, and Seth Rockman, as well as Cathy Matson.