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Old Money
Old money is a social class of the rich who have been able to maintain their wealth over multiple generations, in contrast with new money whose wealth has been acquired within its own generation. The term often refers to perceived members of the ''de facto'' Aristocracy (class), aristocracy in societies that historically lack an officially established aristocratic class (such as the United States). Wealth and class ''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. United States According to anthropologist W. Lloyd Warner, the upper class in the United States during the 1930s was divided into the upper-upper and the lower-upper classes. The lower-upper we ...
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Social Class
A social class or social stratum is a grouping of people into a set of Dominance hierarchy, hierarchical social categories, the most common being the working class and the Bourgeoisie, capitalist class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. Class is a subject of analysis for sociologists, political scientists, anthropologists and Social history, social historians. The term has a wide range of sometimes conflicting meanings, and there is no broad consensus on a definition of class. Some people argue that due to social mobility, class boundaries do not exist. In common parlance, the term social class is usually synonymous with Socioeconomic status, socioeconomic class, defined as "people having the same social, economic, cultural, political or educational status", e.g. the working class, "an emerging professional class" etc. However, academics distinguish socia ...
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Politics Of The United States
In the United States, politics functions within a framework of a constitutional federal republic, federal democratic republic with a presidential system. The three distinct branches Separation of powers, share powers: United States Congress, Congress, which forms the legislative branch, a bicameral legislative body comprising the United States House of Representatives, House of Representatives and the United States Senate, Senate; the Executive (government), executive branch, which is headed by the president of the United States, who serves as the country's head of state and head of government, government; and the Federal judiciary of the United States, judicial branch, composed of the United States Supreme Court, Supreme Court and lower federal courts, and which exercises judicial power. Each of the 50 individual State governments of the United States, state governments has the power to make laws within its jurisdiction that are not granted to the federal government nor denied ...
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Founding Fathers Of The United States
The Founding Fathers of the United States, often simply referred to as the Founding Fathers or the Founders, were a group of late-18th-century American Revolution, American revolutionary leaders who United Colonies, united the Thirteen Colonies, oversaw the American Revolutionary War, War of Independence from Kingdom of Great Britain, Great Britain, established the United States, United States of America, and crafted a Constitution of the United States, framework of government for the new nation. The Founding Fathers include those who wrote and signed the United States Declaration of Independence, the Articles of Confederation, and the Constitution of the United States — all adopted in the colonial capital of Philadelphia — certain military personnel who fought in the American Revolutionary War, and others who greatly assisted in the nation's formation. Many of them were wealthy Slavery in the United States, slave-owners before and after the country's founding. The singl ...
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American Gentry
The American gentry were rich landowning members of the American upper class in the colonial Southern United States. The Colonial American use of ''gentry'' was not common. Historians use it to refer to rich landowners in the South before 1776. Typically, large scale landowners rented out farms to white tenant farmers. North of Maryland, there were few large comparable rural estates, except in the Dutch domains in the Hudson Valley of New York. The families of Virginia (see First Families of Virginia) who formed the Virginia gentry class, such as General Robert E. Lee's ancestors, were among the earliest settlers in Virginia. Lee's family of Stratford Hall was among the oldest of the Virginia gentry class. Lee's family is one of Virginia's first families, originally arriving in the Colony of Virginia from the Kingdom of England in the early 17th century. The family's founder was Richard Lee I, Esquire, "the Immigrant" (1618–1664), from the county of Shropshire. Robe ...
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Colonial History Of The United States
The colonial history of the United States covers the period of European colonization of the Americas, European colonization of North America from the late 15th century until the unifying of the Thirteen Colonies, Thirteen British Colonies and creation of the United States in 1776, during the American Revolutionary War, Revolutionary War. In the late 16th century, Kingdom of England, England, Kingdom of France, France, Habsburg Spain, Spain, and the Dutch Republic launched major colonization expeditions in North America. The death rate was very high among early immigrants, and some early attempts disappeared altogether, such as the English Roanoke Colony#Lost Colony, Lost Colony of Roanoke. Nevertheless, successful colonies were established within several decades. European settlers came from a variety of social and religious groups, including adventurers, farmers, indentured servants, tradesmen, and a very few from the aristocracy. Settlers included the Dutch people, Dutch of ...
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Headright
: '' Osage headrights is a specific and distinct topic. This article is about the general topic of headrights.'' A headright refers to a legal grant of land given to settlers during the period of European colonization in the Americas. A "headright" includes both the grant of land and the owner (the head) that claims the land. The person who has a right to the land is the one who paid to transport people to a colony. Headrights are most notable for their role in the expansion of the Thirteen Colonies; the Virginia Company gave headrights to settlers, and the Plymouth Company followed suit. The headright system was used in several colonies, including Maryland, Georgia, North Carolina and South Carolina. Most headrights were for 1 to of land, and were granted to those who were willing to cross the Atlantic and help populate the colonies. Headrights were granted to anyone who would pay for the transportation costs of an indentured laborer. These land grants consisted of for someone n ...
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The Crown
The Crown is a political concept used in Commonwealth realms. Depending on the context used, it generally refers to the entirety of the State (polity), state (or in federal realms, the relevant level of government in that state), the executive government specifically or only to the monarch and their Viceroy, direct representatives. The term can be used to refer to the rule of law; or to the functions of executive (government), executive (the Crown-King-in-Council, in-council), legislative (the Crown-in-parliament), and judicial (the Crown on the bench) governance and the civil service. The concept of the Crown as a corporation sole developed first in the Kingdom of England as a separation of the physical crown and property of the kingdom from the person and personal property of the monarch. It spread through English and later British colonisation and developed into an imperial crown, which rooted it in the legal lexicon of all 15 Commonwealth realms, their various dependencies, ...
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Carolinas
The Carolinas, also known simply as Carolina, 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 (U.S. state), 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 List of U.S. states and territories by population, 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 America, colonial period, from 1663 to 1712. Prior to that, the land was considered part of the Colony and Dominion of Virginia, from 1609 to 1663. The province was named ''Carolina'' to honor King Charles I of England. Carolina is taken from the Latin word for "Char ...
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Maryland
Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It borders the states of Virginia to its south, West Virginia to its west, Pennsylvania to its north, and Delaware to its east, as well as with the Atlantic Ocean to its east, and the national capital and federal district of Washington, D.C. to the southwest. With a total area of , Maryland is the List of U.S. states and territories by area, ninth-smallest state by land area, and its population of 6,177,224 ranks it the List of U.S. states and territories by population, 18th-most populous state and the List of states and territories of the United States by population density, fifth-most densely populated. Maryland's capital city is Annapolis, Maryland, Annapolis, and the state's most populous city is Baltimore. Maryland's coastline was first explored by Europeans in the 16th century. Prior to that, it was inhabited by several Native Americans in the United States ...
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Virginia
Virginia, officially the Commonwealth of Virginia, is a U.S. state, state in the Southeastern United States, Southeastern and Mid-Atlantic (United States), Mid-Atlantic regions of the United States between the East Coast of the United States, Atlantic Coast and the Appalachian Mountains. The state's List of capitals in the United States, capital is Richmond, Virginia, Richmond and its most populous city is Virginia Beach, Virginia, Virginia Beach. Its most populous subdivision is Fairfax County, Virginia, Fairfax County, part of Northern Virginia, where slightly over a third of Virginia's population of more than 8.8million live. Eastern Virginia is part of the Atlantic Plain, and the Middle Peninsula forms the mouth of the Chesapeake Bay. Central Virginia lies predominantly in the Piedmont (United States), Piedmont, the foothill region of the Blue Ridge Mountains, which cross the western and southwestern parts of the state. The fertile Shenandoah Valley fosters the state's mo ...
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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 ecosystem, 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 Islands, 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 fiber, 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 W ...
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Ship-owner
A shipowner, ship owner or ship-owner is the owner of a ship. They can be merchant vessels involved in the sea transport, shipping industry or non commercially owned. 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 (nautical), 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 shipowners. If owned by a List of ship companies, ship company, the shipowner usually performs technical management of the vessel through the company, though this can also be outsourcing, outsourced or relayed onto the shipper through bareboat charter. Shipowners are usually members of a national Chamber of Shipping su ...
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