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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.
Mar 18, 2020 · The American army began receiving the supplies it needed, and for the next three years, Robert Morris personally financed the American Revolution out of his own pocket. “Morris notes” became widely circulated promissory notes within the ranks of the army.
Feb 21, 2011 · American revolution. The men who engineered the revolt were largely members of the colonial ruling class." George Washington was the richest man in America. John Hancock was a prosperous Boston merchant. Benjamin Franklin was a wealthy printer. And so on.
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 Revolutionary War inflicted great financial costs on all of the combatants, including the United States, France, Spain and the Kingdom of Great Britain. France and Great Britain spent 1.3 billion livres and 250 million pounds, respectively. The United States spent $400 million in wages for its troops.
