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Mar 14, 2022 · Benjamin Franklin, the 10 th son of a soap maker, grew his wealth—and reputation—in myriad ways. Along with a thriving business printing everything from books to sermons to currency, he...
Feb 21, 2022 · Historian Willard Sterne Randall looks at the evidence of how wealthy some of America's Founding Fathers actually were.
Feb 21, 2011 · colonists' wealth. The elements were there for conflict. The war had brought glory for the generals, death to the privates, wealth for the merchants, unemployment for the poor. There were 25,000 people living in New York (there had been 7,000 in 1720) when the French and Indian War ended. A newspaper editor wrote about the growing
The urban merchants and Southern planters who were the most dependent on foreign trade for their livelihoods — men such as Boston merchant John Hancock and South Carolina planter Henry Laurens — were among the colonies ’ richest individuals.
Discover The Economic Factors That Ignited The American Revolution In This Article. From British Taxation Policies To The Financial Difficulties Experienced By The Colonists, Learn How Economics Played A Significant Role In This Historic Fight For Independence.
According to historian Alice Hansen Jones, Americans at the end of the colonial era averaged an annual income of £13.85, which was the highest in the western world. American per capita incomes compared to an average of £10-12 in the British homeland and even lower in France.
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The American colonies had both strengths and weaknesses in terms of undertaking a revolution. The colonial population of well over two million was nearly one third of that in Britain (McCusker and Menard, 1985).
