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Credit Status: The ability to purchase goods was largely contingent upon an individual's credit status, with a historical reference to **bills of exchange