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Old Money
Old money is "the inherited wealth of established upper-class families (i.e. gentry, patriciate)" or "a person, family, or lineage possessing inherited wealth". The term typically describes a social class of the rich who have been able to maintain their wealth over multiple generations, often referring to perceived members of the ''de facto'' aristocracy in societies that historically lack an officially established aristocratic class (such as the United States). United States ''Wealth''—assets held by an individual or by a household—provides an important dimension of social stratification because it can pass from generation to generation, ensuring that a family's offspring will remain financially stable. Families with "old money" use accumulated assets or savings to bridge interruptions in income, thus guarding against downward social mobility. "Old money" applies to those of the upper class whose wealth separates them from lower social classes. According to anthropol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inheritance
Inheritance is the practice of receiving private property, Title (property), titles, debts, entitlements, Privilege (law), privileges, rights, and Law of obligations, obligations upon the death of an individual. The rules of inheritance differ among societies and have changed over time. Officially bequest, bequeathing private property and/or debts can be performed by a testator via will (law), will, as attested by a notary or by other lawful means. Terminology In law, an ''heir'' is a person who is entitled to receive a share of the decedent, deceased's (the person who died) property, subject to the rules of inheritance in the jurisdiction of which the deceased was a citizen or where the deceased (decedent) died or owned property at the time of death. The inheritance may be either under the terms of a will or by intestate laws if the deceased had no will. However, the will must comply with the laws of the jurisdiction at the time it was created or it will be declared invalid ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Harbor
New York Harbor is at the mouth of the Hudson River where it empties into New York Bay near the East River tidal estuary, and then into the Atlantic Ocean on the east coast of the United States. It is one of the largest natural harbors in the world, and is frequently named the best natural harbor in the world. It is also known as Upper New York Bay, which is enclosed by the New York City boroughs of Manhattan, Brooklyn, and Staten Island and the Hudson County, New Jersey municipalities of Jersey City and Bayonne. The name may also refer to the entirety of New York Bay including Lower New York Bay. Although the United States Board on Geographic Names does not use the term, ''New York Harbor'' has important historical, governmental, commercial, and ecological usages. Overview The harbor is fed by the waters of the Hudson River (historically called the North River as it passes Manhattan), as well as the Gowanus Canal. It is connected to Lower New York Bay by the Narrows, to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carolinas
The Carolinas are the U.S. states of North Carolina and South Carolina, considered collectively. They are bordered by Virginia to the north, Tennessee to the west, and Georgia to the southwest. The Atlantic Ocean is to the east. Combining North Carolina's population of 10,439,388 and South Carolina's of 5,118,425, the Carolinas have a collective population of 15,557,813 as of 2020. If the Carolinas were a single state of the United States, it would be the fifth-most populous state, behind California, Texas, Florida, and New York. The Carolinas were known as the Province of Carolina during America's early colonial period, from 1663 to 1710. Prior to that, the land was considered part of the Colony and Dominion of Virginia, from 1609 to 1663. The province, named ''Carolina'' to honor King Charles I of England, was divided into two royal colonies in 1729, although the actual date is the subject of debate. History The region was claimed as part of the Spanish territory named '' L ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maryland
Maryland ( ) is a state in the Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; and Delaware and the Atlantic Ocean to its east. Baltimore is the largest city in the state, and the capital is Annapolis. Among its occasional nicknames are '' Old Line State'', the ''Free State'', and the '' Chesapeake Bay State''. It is named after Henrietta Maria, the French-born queen of England, Scotland, and Ireland, who was known then in England as Mary. Before its coastline was explored by Europeans in the 16th century, Maryland was inhabited by several groups of Native Americans – mostly by Algonquian peoples and, to a lesser degree, Iroquoian and Siouan. As one of the original Thirteen Colonies of England, Maryland was founded by George Calvert, 1st Baron Baltimore, a Catholic convert"George Calvert and Cecilius Calvert, Barons Baltimore" William Hand Browne, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virginia
Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth are shaped by the Blue Ridge Mountains and the Chesapeake Bay, which provide habitat for much of its flora and fauna. The capital of the Commonwealth is Richmond; Virginia Beach is the most-populous city, and Fairfax County is the most-populous political subdivision. The Commonwealth's population was over 8.65million, with 36% of them living in the Baltimore–Washington metropolitan area. The area's history begins with several indigenous groups, including the Powhatan. In 1607, the London Company established the Colony of Virginia as the first permanent English colony in the New World. Virginia's state nickname, the Old Dominion, is a reference to this status. Slave labor and land acquired from displaced native tribes fueled the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fur Trade
The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur. Since the establishment of a world fur market in the early modern period, furs of boreal, polar and cold temperate mammalian animals have been the most valued. Historically the trade stimulated the exploration and colonization of Siberia, northern North America, and the South Shetland and South Sandwich Islands. Today the importance of the fur trade has diminished; it is based on pelts produced at fur farms and regulated fur-bearer trapping, but has become controversial. Animal rights organizations oppose the fur trade, citing that animals are brutally killed and sometimes skinned alive. Fur has been replaced in some clothing by synthetic imitations, for example, as in ruffs on hoods of parkas. Continental fur trade Russian fur trade Before the European colonization of the Americas, Russia was a major supplier of fur pelts to Western Europe and parts of Asia. Its trade developed in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ship-owner
A ship-owner is the owner of a merchant vessel (commercial ship) and is involved in the shipping industry. In the commercial sense of the term, a shipowner is someone who equips and exploits a ship, usually for delivering cargo at a certain freight rate, either as a per freight rate (given price for the transport of a certain cargo between two given ports) or based on hire (a rate per day). Shipowners typically hire a licensed crew and captain rather than take charge of the vessel in person. Usually the shipowner is organized through a company, but also people and investment funds can be ship owners. If owned by a ship company, the shipowner usually performs technical management of the vessel through the company, though this can also be outsourced or relayed onto the shipper through bareboat charter. Shipowners are usually members of a national Chamber of Shipping such as the UK Chamber of Shipping. The International Chamber of Shipping is the global organisation for shipowners ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merchant
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as industry, commerce, and trade have existed. In 16th-century Europe, two different terms for merchants emerged: referred to local traders (such as bakers and grocers) and ( nl, koopman) referred to merchants who operated on a global stage, importing and exporting goods over vast distances and offering added-value services such as credit and finance. The status of the merchant has varied during different periods of history and among different societies. In modern times, the term ''merchant'' has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Planter Class
The planter class, known alternatively in the United States as the Southern aristocracy, was a racial and socioeconomic caste of pan-American society that dominated 17th and 18th century agricultural markets. The Atlantic slave trade permitted planters access to inexpensive African slave labor for the planting and harvesting of crops such as tobacco, cotton, indigo, coffee, tea, cocoa, sugarcane, sisal, oil seeds, oil palms, hemp, rubber trees, and fruits. Planters were considered part of the American gentry. In the Southern United States, planters maintained a distinct culture, which was characterized by its similarity to the manners and customs of the British nobility and gentry. The culture had an emphasis on chivalry, gentility, and hospitality. The culture of the Southern United States, with its landed plantocracy, was distinctly different from areas north of the Mason–Dixon line and west of the Appalachian Mountains. The northern and western areas were characterized by s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Revolution
The American Revolution was an ideological and political revolution that occurred in British America between 1765 and 1791. The Americans in the Thirteen Colonies formed independent states that defeated the British in the American Revolutionary War (1775–1783), gaining independence from the British Crown and establishing the United States of America as the first nation-state founded on Enlightenment principles of liberal democracy. American colonists objected to being taxed by the Parliament of Great Britain, a body in which they had no direct representation. Before the 1760s, Britain's American colonies had enjoyed a high level of autonomy in their internal affairs, which were locally governed by colonial legislatures. During the 1760s, however, the British Parliament passed a number of acts that were intended to bring the American colonies under more direct rule from the British metropole and increasingly intertwine the economies of the colonies with those of Brit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of The United States
The politics of the United States function within a framework of a constitutional federal republic and presidential system, with three distinct branches that share powers. These are: the U.S. Congress which forms the legislative branch, a bicameral legislative body comprising the House of Representatives and the Senate; the executive branch which is headed by the president of the United States, who serves as country's head of state and government; and the judicial branch, composed of the Supreme Court and lower federal courts, and which exercises judicial power. Each of the 50 individual state governments have the power to make laws within their jurisdictions that are not granted to the federal government nor denied to the states in the U.S. Constitution. Each state also has a constitution following the pattern of the federal constitution but differing in details. Each have three branches: an executive branch headed by a governor, a legislative body, and judicial branch. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Society (social Class)
High society, sometimes simply society, is the behavior and lifestyle of people with the highest levels of wealth and social status. It includes their related affiliations, social events and practices. Upscale social clubs were open to men based on assessments of their ranking and role within high society. In American high society, the ''Social Register'' was traditionally a key resource for identifying qualified members. For a global perspective, see upper class. The quality of housing, clothing, servants and dining were visible marks of membership. History 19th century The term became common in the late 19th century, especially when the newly rich arrived in key cities such as New York City, Boston, and Newport, Rhode Island, built great mansions and sponsored highly publicized parties. The media lavished attention on them, especially when newspapers devoted whole sections to weddings, funerals, parties and other events sponsored by the local high society. In major citie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
