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5 dni temu · Massachusetts - Politics, Economy, Society: The Pilgrims established a government of sorts under the Mayflower Compact of 1620, which enshrined the notion of the consent of the governed.
10 paź 2017 · The ocean quickly revealed itself as the most profitable economic venture for colonists, not only because of fishing and shipbuilding, but also because of trade. Massachusetts’ merchants built and bought ships that carried goods and natural resources across the Atlantic, employing dozens of colonists on every ship.
Although the Massachusetts economy of this era was one of the most impressive in the British empire, it was precariously based. Lacking rich soils or other valuable resources save lumber, the colony, to a degree unmatched by any other colony, depended upon maritime activities for her economic well-being.
The economy of rural Massachusetts suffered an economic depression after the war ended. Merchants, pressured for hard currency by overseas partners, made similar demands on local debtors, and the state raised taxes in order to pay off its own war debts.
15 paź 2024 · Massachusetts Bay Colony, one of the original English settlements in present-day Massachusetts, settled in 1630 by a group of about 1,000 Puritan refugees from England under Gov. John Winthrop and Deputy Gov. Thomas Dudley.
5 dni temu · The economy of Massachusetts today is based largely on technological research and development and the service sector (including tourism). This represents a major shift from the state’s preindustrial agricultural basis and maritime trade in the 17th and 18th centuries and the heavy manufacturing that characterized the 19th century and the ...
Boston’s furniture production was part of a regional and Atlantic World economy. Inequalities—too much skilled labor and production for a local market, too few resources to exist in isolation, and too much competition to remain conservative for long—drove artisans’ decisions.
