English 423 - Colonial Economy - 18th Century

English 423 - Colonial Economy - 18th Century - Colonial...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Click to edit Master subtitle style 9/28/10 Presented by Martha Servin Colonial Economy and Society in the Eighteenth Century English 423 Dr. Freeman
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
9/28/10 During Defoe’s lifetime, commercial development transformed the social, economic, and political structure of Great Britain. The founding of the Bank of England, the rise of the stock market, and the growth of huge trading companies between the 1690’s and 1730’s laid the financial groundwork for the subsequent evolution of the British empire. At the beginning of the eighteenth century, crowds of eager investors poured into London hoping to strike it rich in Exchange Alley Historical Background 22
Background image of page 2
The explosive growth of the stock market during the first few decades of the eighteenth century enabled entrepreneurs to found companies, build places of business, hire workers, and carry out projects merely by promising investors attractive returns. This new system of production, trade, and
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 11

English 423 - Colonial Economy - 18th Century - Colonial...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online