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Summary. The economy of territory that became the United States evolved dramatically from ca. 1000 ce to 1776. Before Europeans arrived, the spread of maize agriculture shifted economic practices in Indigenous communities. The arrival of Europeans, starting with the Spanish in the West Indies in 1492, brought wide-ranging change, including the ...
Business Booms and Depressions since 1775, a chart of the past trend of price inflation, federal debt, business, national income, stocks and bond yields for the United States from 1775 to 1943. Budget of the United States Government.
Overview. Europeans colonize North America in the early seventeenth century, motivated by religious and economic goals. Spain and France, the two Catholic powers in Europe, lead the way, establishing Santa Fe and Québec as their colonial capitals in North America, but Protestant England soon follows along with other European nations such as ...
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1800-1860: Business and the Economy: Overview. Westward Migration. Following the American Revolution, Americans swarmed to the West. Kentucky and Tennessee provided the beachhead for the vanguard of land-hungry settlers. After the War of 1812 subsequent waves of pioneers flowed into the Ohio River valley, the Great Lake states, the Gulf Plain ...
From its origin in New England, industrial manufacturing soon spread to other regions of the United States. From Artisans to Wage Workers During the seventeenth and eighteenth centuries, artisans —skilled, experienced craft workers—produced goods by hand.
Glossary. CHAPTER 3. The U.S. Economy: A Brief. History. The modern American economy traces its roots to the quest of European settlers for economic gain in the 16th, 17th, and 18th centuries. The New World then progressed from a marginally successful colonial economy to a small, independent farming economy and, eventually, to a highly complex ...
Journal of Economic History, vol. 5, no. 1: 1-23. This article looks at the factors that led to the system of business incorporating in the United States. Much of this is a look at the 19th century but does trace the evolution from the joint stock companies of the 18th century.