1754-1783: Business and the Economy

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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.

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1754-1783: Business and the Economy