ECN 111A Note 2

ECN 111A Note 2 - ECON ECON111A:NoteforAmerican...

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ON 111A: Note for American ECON 111A: Note for American Economic History (2) ugang eng Liugang Sheng [email protected] Sept 29, 2009
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utline Outline Egnal 1975, The Economic Development of the Thirteen Continental Colonies, 1720 to 1775. Curtis P. Nettels ,1952, British Mercantilism d the Economic Development of the and the Economic Development of the Thirteen Colonies. Gordon C. Bjork 1964 , The Weaning of the merican Economy: Independence, Market American Economy: Independence, Market Changes, and Economic Development.
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gnal 975 Egnal, 1975 opulation owth: 3 percent annually Population growth: 3 percent annually Fertility: 55 per 1000 people Mortality: 27 per 1000 people Immigrants Output per capita increased
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creasing tput per capita Increasing output per capita
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Between I720 and I775 the growth of population was the most important reason for the increasing total output of the lonies colonies.
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Reasons for increasing output per capita New techniques enhanced productivity: horsepower, hand tools, but play a minor role. Term of trade better off: the economic growth in
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This note was uploaded on 11/05/2009 for the course ECON 111A taught by Professor Wilson during the Fall '08 term at UC Davis.

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ECN 111A Note 2 - ECON ECON111A:NoteforAmerican...

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