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Those interested in learning more about the early American economy might want to start with John J. McCusker and Russell R. Menard, The Economy of British North America, 1607–1789 (revised ed., Omohundro Institute of Early American History and Culture and University of North Carolina Press, 1991), which provides the best overview of economic activity for the period, and Stephen Innes, ed ...
Long Term Economic Growth – 1860–1965: A Statistical Compendium. Business Booms and Depressions since 1775, a chart of the past trend of price inflation, federal debt, business, national income, stocks and bond yields for the United States from 1775 to 1943. Budget of the United States Government.
Feb 27, 2017 · February 27, 2017 9:30 AM EST. M oney, or the lack thereof, was a persistent problem in colonial America. The colonists were under the control of Great Britain, where the legal tender was both ...
- Sharon Ann Murphy
- The Thirst For Gold
- Aztec Gold
- Inca Gold
- The Gold of El Dorado
- Lost Treasures
When Christopher Columbus (1451-1506) arrived in the Americas in 1492, the one commodity that all European monarchs craved was gold. With this precious yellow metal, armies, mercenaries, and gunpowder weapons could be paid for, and their kingdoms could be defended and expanded. Gold has always been rare, but at the end of the 15th century, it was e...
When Cortés began the conquest of Mexico in 1519, the search for gold was foremost in his mind and the primary motivation of his fellow conquistadors. The superior weapons of the conquistadors, their aggressive and total wartactics, and the brilliant use of local allies all conspired to bring the Spanish victory after victory and ultimate control o...
In Peru, the conquistador Francisco Pizarro attacked the Inca Empire in 1532 and captured its ruler, Atahualpa. The Inca civilization considered gold the sweat of their sun god Inti, and so it was used to manufacture all manner of objects of religious significance, especially masks and sun disks. The Coricancha Temple of the Sun in Cuscowas covered...
In ancient Colombia, gold was also revered for its lustre and association with the sun. In powdered form, gold was used to cover the body of the future Muisca (Chibcha) king in a lavish coronation ceremony, which gave rise to the legend of El Dorado ('Gilded Man'). The newly dusted monarch then leapt into Lake Guatavita in a ritual act of cleansing...
As the conquistadors were only interested in gold and not what shape it came in, they relentlessly melted artefacts down to make coins and ingots, which were easier to transport back to Europe and easier to share out amongst themselves. Sacred statues, despite the best efforts of the locals to hide them away, were found and melted down. Gold items ...
- Mark Cartwright
The Spanish colonization of the Americas began in 1493 on the Caribbean island of Hispaniola (now Haiti and the Dominican Republic) after the initial 1492 voyage of Genoese mariner Christopher Columbus under license from Queen Isabella I of Castile. These overseas territories of the Spanish Empire were under the jurisdiction of Crown of Castile ...
Jun 16, 2016 · Since the 1770s, America’s big income per capita advantage over Britain has not increased. The only historical moment in which the US soared well above its colonial lead over Britain and the rest of the world came at the end of WWII. Since then, the American per capita income lead over Britain has fallen back to colonial levels.
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Jun 19, 2024 · Many immigrants came to North America during the Gilded Age, with 11.7 million of them landing in the United States. Of those, 10.6 million came from Europe, making up 90% of the immigrant population.