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From Market-Places to a Market Economy: The Transformation of Rural Massachusetts, 1750-1850

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Rural Massachusetts transforms into market economy.

If you're intrigued by economic history, Winifred Rothenberg's "From Market-Places to a Market Economy" will provide you with a fascinating deep dive into how early American economies at the local level transitioned and grew without the factors we typically associate with economic development. It challenges traditional views and provides a meticulous analysis that could change how you understand economic growth within agricultural communities.

Sale

From Market-Places to a Market Economy: The Transformation of Rural Massachusetts, 1750-1850

Regular price RM43.00 MYR RM39.38 MYR 8% off
Unit price
per
ISBN: 9780226729534
Date of Publication: 1992-11-15
Format: Hardcover
Related Collections: History, Economics
Goodreads rating: 4.25
(rated by 4 readers)

Description

In this highly original empirical study, Winifred Barr Rothenberg documents the emergence of a market economy in rural Massachusetts between 1785 and 1800—decades before America's first industrial revolution. Drawing data from exhaustive research in farm account books, probate documents, and town tax valuations, the author makes a significant contribution to the debate about the pace, pattern, and genesis of growth in the early American economy. Rothenberg disputes recent historical interpretations of the preindustrial New England village as a so-called moral economy, showing the simultaneous emergence of markets for farm produce, farm labor, and rural capital. She links market integration to labor productivity growth and agricultural improvement, confirming that market-led growth in Massachusetts agriculture was at the origins of the American industrial revolution.
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Rural Massachusetts transforms into market economy.

If you're intrigued by economic history, Winifred Rothenberg's "From Market-Places to a Market Economy" will provide you with a fascinating deep dive into how early American economies at the local level transitioned and grew without the factors we typically associate with economic development. It challenges traditional views and provides a meticulous analysis that could change how you understand economic growth within agricultural communities.