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American Business History
American business history is a history of business, entrepreneurship, and corporations, together with responses by consumers, critics, and government, in the United States from colonial times to the present. In broader context, it is a major part of the Economic history of the United States, but focuses on specific business enterprises. New England The New England region's economy grew steadily over the entire colonial era, despite the lack of a staple crop that could be exported. All the provinces and many towns as well, tried to foster economic growth by subsidizing projects that improved the infrastructure, such as roads, bridges, inns and ferries. They gave bounties and subsidies or monopolies to sawmills, grist mills, iron mills, pulling mills (which treated cloth), salt works and glassworks. Most important, colonial legislatures set up a legal system that was conducive to business enterprise by resolving disputes, enforcing contracts, and protecting property rights. Hard ...
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Economic History Of The United States
The economic history of the United States is about characteristics of and important developments in the U.S. economy from colonial times to the present. The emphasis is on productivity and economic performance and how the economy was affected by new technologies, the change of size in economic sectors and the effects of legislation and government policy. Specialized business history is covered in American business history. Colonial economy The colonial economy was characterized by an abundance of land and natural resources and a severe scarcity of labor. This was the opposite of Europe and attracted immigrants despite the high death rate caused by New World diseases. From 1700 to 1774 the output of the thirteen colonies increased 12-fold, giving the colonies an economy about 30% the size of Britain's at the time of independence. Population growth was responsible for over three-quarters of the economic growth of the British American colonies. The free white population had th ...
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Boston
Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- most populous city in the country. The city boundaries encompass an area of about and a population of 675,647 as of 2020. It is the seat of Suffolk County (although the county government was disbanded on July 1, 1999). The city is the economic and cultural anchor of a substantially larger metropolitan area known as Greater Boston, a metropolitan statistical area (MSA) home to a census-estimated 4.8 million people in 2016 and ranking as the tenth-largest MSA in the country. A broader combined statistical area (CSA), generally corresponding to the commuting area and including Providence, Rhode Island, is home to approximately 8.2 million people, making it the sixth most populous in the United States. Boston is one of the oldest ...
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New York (state)
New York, officially the State of New York, is a state in the Northeastern United States. It is often called New York State to distinguish it from its largest city, New York City. With a total area of , New York is the 27th-largest U.S. state by area. With 20.2 million people, it is the fourth-most-populous state in the United States as of 2021, with approximately 44% living in New York City, including 25% of the state's population within Brooklyn and Queens, and another 15% on the remainder of Long Island, the most populous island in the United States. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts, and Vermont to the east; it has a maritime border with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the northwest. New York City (NYC) is the most populous city in the United States, and around two-thirds of the state's popul ...
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Baltimore And Ohio Railroad
The Baltimore and Ohio Railroad was the first common carrier railroad and the oldest railroad in the United States, with its first section opening in 1830. Merchants from Baltimore, which had benefited to some extent from the construction of the National Road early in the century, wanted to do business with settlers crossing the Appalachian Mountains. The railroad faced competition from several existing and proposed enterprises, including the Albany-Schenectady Turnpike, built in 1797, the Erie Canal, which opened in 1825, and the Chesapeake and Ohio Canal. At first, the B&O was located entirely in the state of Maryland; its original line extending from the port of Baltimore west to Sandy Hook, Maryland, opened in 1834. There it connected with Harper's Ferry, first by boat, then by the Wager Bridge, across the Potomac River into Virginia, and also with the navigable Shenandoah River. Because of competition with the C&O Canal for trade with coal fields in western Maryland, t ...
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Liverpool
Liverpool is a city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the 10th largest English district by population and its metropolitan area is the fifth largest in the United Kingdom, with a population of 2.24 million. On the eastern side of the Mersey Estuary, Liverpool historically lay within the ancient hundred of West Derby in the county of Lancashire. It became a borough in 1207, a city in 1880, and a county borough independent of the newly-created Lancashire County Council in 1889. Its growth as a major port was paralleled by the expansion of the city throughout the Industrial Revolution. Along with general cargo, freight, and raw materials such as coal and cotton, merchants were involved in the slave trade. In the 19th century, Liverpool was a major port of departure for English and Irish emigrants to North America. It was also home to both the Cunard and White Star Lines, and was the port of registry of the ocean li ...
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Alex
Alex is a given name. It can refer to a shortened version of Alexander, Alexandra, Alexis. People Multiple *Alex Brown (other), multiple people * Alex Gordon (other), multiple people *Alex Harris (other), multiple people *Alex Jones (other), multiple people * Alexander Johnson (other), multiple people *Alex Taylor (other), multiple people Politicians *Alex Allan (born 1951), British diplomat *Alex Attwood (born 1959), Northern Irish politician *Alex Kushnir (born 1978), Israeli politician *Alex Salmond (born 1954), Scottish politician, former First Minister of Scotland Baseball players * Alex Avila (born 1987), American baseball player * Alex Bregman (born 1994), American baseball player * Alex Gardner (baseball) (1861–1921), Canadian baseball player *Alex Katz (baseball) (born 1994), American baseball player *Alex Pompez (1890–1974), American executive in Negro league baseball and Major League Baseball scout *Alex Rod ...
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History Of Baltimore
This article describes the history of the Baltimore and its surrounding area in central Maryland since the establishment of settlements by European colonists in 1661. Native American settlement The Baltimore area had been inhabited by Native Americans since at least the 10th millennium BC, when Paleo-Indians first settled in the region. One Paleo-Indian site and several Archaic period and Woodland period archaeological sites have been identified in Baltimore, including four from the Late Woodland period. During the Late Woodland period, the archaeological culture known as the "Potomac Creek complex" resided in an area from Baltimore to the Rappahannock River in Virginia, primarily along the Potomac River downstream from the Fall Line. In the early 1600s, the immediate Baltimore vicinity was populated by Native Americans. The Baltimore County area northward was used as hunting grounds by the Susquehannocks living in the lower Susquehanna River valley who "controlled all of ...
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Suffolk Bank
Suffolk Bank was a private clearinghouse bank in Boston, Massachusetts, that exchanged specie or locally backed bank notes for notes from country banks to which city-dwellers could not easily travel to redeem notes. The bank was issued its corporate charter on February 10, 1818 by the 38th Massachusetts General Court to a group of the Boston Associates (including Patrick Tracy Jackson and Daniel Pinckney Parker), and the charter's holders and bank's directors met periodically from February 27 to March 19 at the Boston Exchange Coffee House to discuss the organization of the bank. On April 1, 1818, the bank opened for business in rented offices on State Street until the bank moved permanently to the corner of State and Kilby Streets (currently occupied by either 75 State Street or Exchange Place) on April 17. In addition to Jackson and Parker, other prominent shareholders of the bank included William Appleton, Nathan Appleton, Timothy Bigelow, John Brooks, Gardiner Greene, Hen ...
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Boston And Lowell
The Boston and Lowell Railroad was a railroad that operated in Massachusetts in the United States. It was one of the first railroads in North America and the first major one in the state. The line later operated as part of the Boston and Maine Railroad's Southern Division. Formation The Boston and Lowell Railroad was preceded by the Middlesex Canal. Converting the canal to a railroad would eliminate the issue of transportation being unavailable during the winter, when the canal froze. Patrick Tracy Jackson led the task of convincing the state legislature to fund the project. This proved difficult, as the investors of the Middlesex Canal were against building a new form of transportation designed to replace their canal. Because, prior to 1872, there was no provision in Massachusetts state law for chartering railroads, all had to be chartered by special acts of legislature. This made it slow and inefficient to charter a railroad because the politicians had to agree; the issue woul ...
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Maine
Maine () is a state in the New England and Northeastern regions of the United States. It borders New Hampshire to the west, the Gulf of Maine to the southeast, and the Canadian provinces of New Brunswick and Quebec to the northeast and northwest, respectively. The largest state by total area in New England, Maine is the 12th-smallest by area, the 9th-least populous, the 13th-least densely populated, and the most rural of the 50 U.S. states. It is also the northeasternmost among the contiguous United States, the northernmost state east of the Great Lakes, the only state whose name consists of a single syllable, and the only state to border exactly one other U.S. state. Approximately half the area of Maine lies on each side of the 45th parallel north in latitude. The most populous city in Maine is Portland, while its capital is Augusta. Maine has traditionally been known for its jagged, rocky Atlantic Ocean and bayshore coastlines; smoothly contoured mountains; heavily f ...
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New Hampshire
New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec to the north. Of the 50 U.S. states, New Hampshire is the List of U.S. states and territories by area, fifth smallest by area and the List of U.S. states and territories by population, tenth least populous, with slightly more than 1.3 million residents. Concord, New Hampshire, Concord is the state capital, while Manchester, New Hampshire, Manchester is the largest city. New Hampshire's List of U.S. state mottos, motto, "Live Free or Die", reflects its role in the American Revolutionary War; its state nickname, nickname, "The Granite State", refers to its extensive granite formations and quarries. It is well known nationwide for holding New Hampshire primary, the first primary (after the Iowa caucus) in the United States presidential election ...
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Massachusetts
Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut [Massachusett writing systems, məhswatʃəwiːsət],'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England region of the Northeastern United States. It borders on the Atlantic Ocean and Gulf of Maine to the east, Connecticut and Rhode Island to the south, New Hampshire and Vermont to the north, and New York (state), New York to the west. The state's capital and List of municipalities in Massachusetts, most populous city, as well as its cultural and financial center, is Boston. Massachusetts is also home to the urban area, urban core of Greater Boston, the largest metropolitan area in New England and a region profoundly influential upon American History of the United States, history, academia, and the Economy of the United States, research economy. Originally dependent on agriculture, fishing, and trade. Massachusetts was transformed into a manuf ...
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