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Economic Interdependence Along A Colonial Frontier: Capitalism And The New River Valley, 1745-1789, B. Scott Crawford

History Theses & Dissertations

Historians have generally placed the beginning of capitalism in the United States in the early- to mid-nineteenth century. This assumes that the industrialization of the New England states fostered in a modern economic environment for the country as a whole. However, evidence of modern economic principles existed on the Virginia frontier as early as the mid-eighteenth century. As frontier settlers aspired to emulate eastern society, they not only sought to recreate a lifestyle similar to the one they left behind, but also set up similar governing practices, which in turn created social stratification similar to that which existed in the …