Skip to main content

1754-1783: Business and the Economy

1754-1783: Chapter Three: Business and the Economy

by ROWENA OLEGARIO

CONTENTS

CHRONOLOGY 46

OVERVIEW 52

TOPICS IN THE NEWS

Agriculture 56

Business Structures 59

Manufacturing and Processing 61

Colonial Maufactured and Processed Goods 62

Merchants 63

Principal Exports from the British Continental Colonies, 1770 65

The Colonists Trading Partners, 1768-1772 66

Paying for Goods and Services 67

Wealth Distribution: Average for All Wealth Holders, 1774 70

Slavery 70

War and the Economy 72

Slave Imports into British America and the United States, 1626-1810 72

War and Government 75

Depreciation of Old Continental Currency 75

HEADLINE MAKERS

John Hancock 78

Henry Laurens 79

Robert Morris 80

PUBLICATIONS 83

Sidebars and tables are listed in italics.

Cite this article
Pick a style below, and copy the text for your bibliography.

  • MLA
  • Chicago
  • APA

"1754-1783: Business and the Economy." American Eras. . Encyclopedia.com. 19 Sep. 2018 <http://www.encyclopedia.com>.

"1754-1783: Business and the Economy." American Eras. . Encyclopedia.com. (September 19, 2018). http://www.encyclopedia.com/history/news-wires-white-papers-and-books/1754-1783-business-and-economy

"1754-1783: Business and the Economy." American Eras. . Retrieved September 19, 2018 from Encyclopedia.com: http://www.encyclopedia.com/history/news-wires-white-papers-and-books/1754-1783-business-and-economy

Learn more about citation styles

Citation styles

Encyclopedia.com gives you the ability to cite reference entries and articles according to common styles from the Modern Language Association (MLA), The Chicago Manual of Style, and the American Psychological Association (APA).

Within the “Cite this article” tool, pick a style to see how all available information looks when formatted according to that style. Then, copy and paste the text into your bibliography or works cited list.

Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. Therefore, it’s best to use Encyclopedia.com citations as a starting point before checking the style against your school or publication’s requirements and the most-recent information available at these sites:

Modern Language Association

http://www.mla.org/style

The Chicago Manual of Style

http://www.chicagomanualofstyle.org/tools_citationguide.html

American Psychological Association

http://apastyle.apa.org/

Notes:
  • Most online reference entries and articles do not have page numbers. Therefore, that information is unavailable for most Encyclopedia.com content. However, the date of retrieval is often important. Refer to each style’s convention regarding the best way to format page numbers and retrieval dates.
  • In addition to the MLA, Chicago, and APA styles, your school, university, publication, or institution may have its own requirements for citations. Therefore, be sure to refer to those guidelines when editing your bibliography or works cited list.