ah 11/3

Class Schedule and Upcoming Events

  • Class Session: Scheduled for November 14, indicating that the class will proceed as planned despite any external circumstances.

  • Topics Focus: The upcoming week will involve lectures in preparation for the final project.

  • Reading Assignment: There is an additional reading on New York Burning, described as an important book.

  • Openness to Questions: The instructor invites questions from the students to clarify any doubts regarding the lecture projections for the upcoming classes.

Previous Concepts Reviewed

  • Growth of Trade: The last class discussion highlighted the overall growth of trade in urban communities, specifically through the perspective of Benjamin Franklin.

    • Franklin's experiences illustrate the advancements in commerce in American seaports, which coincides with expansions in shipping-related trades (merchants, craftsmen, food workers).

    • There was an emphasis on how civic interests among residents and officials led to a focus on appearances and urban development in the colonies.

  • Economic Status of Colonists: Compared to the average Briton, colonial individuals were generally better off, although poverty started to rise due to deeper ties to commercial networks and trade.

Consumer Revolution

  • The phenomenon labeled as the consumer revolution refers to the marked increase in the availability of diverse and affordable goods, which included a larger segment of the populace as consumers.

    • This era saw a significant shift in the material lives of individuals across the colonies, leading to a broader array of purchases and a more colorful standard of living.

    • The lecturer suggests classes that may delve into the long-term impacts of this transition up to the twentieth century.

    • Discussion points include how this consumer revolution aligned colonial interests closer with Britain, while simultaneously encouraging the development of distinctive colonial tastes and styles.

Economic Dynamics of the Eighteenth Century

  • The expansion of commerce also influenced the colonial economy and consumption structure:

    • Credit Status: The ability to purchase goods was largely contingent upon an individual's credit status, with a historical reference to **bills of exchange