Questions tagged [economy]

Questions which concern the historical management, distribution, and usage of resources; why a particular resource, or state of production, occurred in a certain way.

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3
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2answers
573 views

Why did the United States want to “make Europe prosperous once more” with the Marshall Plan? [closed]

Was it purely a matter of self-interest, or were there wider economic (or other) reasons that made the United States feel that it had to "make Europe prosperous once more" with the Marshall Plan?
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2answers
2k views

“America is the richest country in the history of the world” — Would a historian consider this true? [closed]

Bernie Sanders recently described the United States as "the richest country in the history of the world," to make a point about income inequality. I understand that this was meant as a rhetorical ...
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2answers
3k views

Venezuelan crisis of 1902–03: Why is there a Russian flag on the cover of the prominent newspaper 'Le Petit Parisien'?

The Venezuelan crisis of 1902–03[a] was a naval blockade from December 1902 to February 1903 imposed against Venezuela by Britain, Germany and Italy over President Cipriano Castro's refusal to pay ...
2
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1answer
123 views

Which plants had nearly all their mature specimens harvested?

The coastal redwood (Sequoia sempervirens) is a long-living tree native to California. Each mature tree contains an incredible amount of durable and splittable softwood, so nearly all were cut down ...
3
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1answer
286 views

How cheap were sailing ships in Gold Rush California?

Many ships were abandoned in San Francisco during the California Gold Rush as their crews and passengers headed straight for the gold areas. Some became semi-permanent buildings and some became ...
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1answer
163 views

What was the most important change that took place in American society as a result of the New Deal?

I'm having trouble identifying a singular, most important factor of the New Deal that changed American Society. I'm leaning toward saying that the creation of the PWA was the most important factor ...
3
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3answers
877 views

How did horses become animals of fancy while donkeys largely didn't?

Horses seem to be a much more common sight in so-called "developed" (or rather "heavily mechanized") countries than donkeys are while the latter seem to be still quite popular in many "developing" ...
4
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3answers
343 views

Why did European countries become more economically advanced than non European countries?

Barring a few places in the erstwhile USSR, for which communism and its fall had a major role to play, countries with a predominantly white population, collectively called "The West" are the most ...
5
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2answers
634 views

What does it mean that Hamilton “made American credit competitive”?

With the Hamilton (a musical by Lin-Manuel Miranda about Alexander Hamilton's life) craze going around, I've heard a few of the songs. While they are typically very easy to understand, one lyric I ...
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2answers
957 views

What is the main reason for Germany's strong economy? [closed]

Okay, so I have been thinking a bit about this question for some time, and while I obviously havent read a lot of books about German history and economy specifically in which you might find good ...
22
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2answers
3k views

When did books first become affordable to the general population?

Gutenberg certainly had a great impact on the availability of books, but his printing press didn't help bring books into the hands of the poor. The price of books dropped from thousands of days worth ...
12
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1answer
578 views

Was the European slave market in the East during the colonial era similar to the transatlantic slave market? If not (less brutal, etc), why?

As far as I understand it, European colonialist powers did have a slave market in the East, in the Indian Ocean. That is, there was this market as well as the Transatlantic slave market[1-3]. What I ...
5
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1answer
2k views

Cost of peacock throne vs Cost of Taj Mahal

I am listening to the lectures: Professor Michael H. Fisher, phd - History of India and I stumbled upon a very surprising sentence: The peacock throne cost twice as much as Taj Mahal. Amazed, I ...
4
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1answer
594 views

GDP for World Powers during the Napoleonic Era?

What was the GDP for the strongest world Powers during the Napoleonic Era? Powers like United Kingdom, France, Prussia, Russia, Austria, Holland, Spain, Denmark, United States, China, Ottoman Empire ...
3
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1answer
734 views

What was the original cost of a Sharps Rifle?

In 1850, when the Sharps Rifle was made, how much did it cost?
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0answers
205 views

Military expenditure over time [closed]

The following graph from the world bank website shows the world wide military expenditure in percentage of the world GDP over time from 1988 to 2015 I am trying to find similar data over a much ...
2
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1answer
127 views

What was the trend of forced labor in Germany and its conquered territories during WWII?

All I can find online about forced labor is the fact that by late summer of 1944, "German records listed 7.6 million foreign civilian workers and prisoners of war in the German territory, most of whom ...
4
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3answers
372 views

What were Albert Speer's specialties, and how did he apply them when he led Organisation Todt?

I know that Speer was the Minister of Armaments and Munitions as well as the head of the Organisation Todt, but what exactly did he do to make the war production so productive? What changes did he ...
6
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3answers
6k views

How much did a telephone call cost in the USA around 1920?

I am looking for data on historic telephone call prices in the US between 1920 and 1930. What did it cost to make a call? I know that, back then different rates were charged based on the distance of ...
20
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2answers
4k views

What goods did Germany trade during World War II, and with whom?

I have scoured the internet for numerical figures and an actual list of raw materials to no avail. Moreover, I am reasonably certain that many of you are very knowledgeable upon this subject matter, ...
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2answers
450 views

Was having one breadwinner in the family feasible in the early 1900s because of greater pay, lower cost of living, or both compared to today?

Today it is common in western countries for both spouses in a family to hold jobs and jointly be "breadwinners" and for many is an economic necessity. However in the past, it was common to only have ...
12
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3answers
17k views

History of Corn in Europe

In "The Wealth Of Nations", Adam Smith discusses the price of corn in ancient times. Apparently, books such as "Chronicon Preciosum: or An Account of English Money, the Price of Corn and Other ...
6
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1answer
169 views

At the peak of the American whaling industry, what share of the workforce were involved in it?

I have a vague recollection of reading that at its peak, the whaling industry employed an eye-catching proportion of the total American workforce but I can't find the source I originally read. The ...
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1answer
313 views

How did the Supreme Court case Lochner vs. New York influence the U.S. economy?

In 1905, the U.S. Supreme Court ruled that laws limiting the number of hours bakers could work was a violation of the Fourteenth Amendment. After this, there was a time when a series of labor laws ...
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0answers
188 views

What is the impact of 18th to 19th century colonialism on the live of the common people of the colonial empires

This topic suddenly came to me when I was doing my homework. I went online to search but most of the articles only talked about the impacts on the country or place that was being colonized. According ...
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1answer
103 views

Did S. Korea choose petroleum refining as part of WW2 reconstruction?

I just noticed (on Wikipedia) that S. Korea has 3 and the 6 largest oil refineries in the world. That does not make sense. So, was exporting the derivatives of crude oil (gasoline / kerosene / jet ...
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1answer
65 views

What taxes were assessed on people in Alta California?

Countries and their churches extract rents from their citizens or subjects through various taxes. What taxes were individual Alta Californians required to pay in the Spanish and Mexican periods?
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5answers
964 views

When have salaries been paid in kind, not cash? [closed]

Formal jobs of the present day pay primarily cash wages, but a great number of historical employees earned primarily food, housing, goods from a company store, scrip, or debt repayment. These non-...
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0answers
280 views

What were the personal tax rates in the Byzantine Empire during the 6th and 7th centuries?

What were the tax rates per person in the Byzantine Empire during the 6th and 7th centuries? My findings: wikipedia: Byzantine Economy (has no information regarding the tax rate per person of the ...
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2answers
870 views

Why didn't Mao see that the “Great Leap Forward” would be such a disaster?

I've been reading about Mao Zedong and I heard about his Great Leap Forward. I read that it ended up splitting families apart and causing a massive economic crash. Why didn't Mao Zedong see this would ...
6
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2answers
206 views

Index of importance / economic value various minerals during the Industrial Revolution

I am looking for an indication, possibly an Index, as to the value or importance of common minerals for the Industrial Revolution. So, for example how important was Manganese (or Lead, or Zinc..) ...
2
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1answer
182 views

Did any plantation/hacienda/fazenda owner free all his slaves?

The North and South American masters that kept slaves are today criticized for it. Their income of course depended on slave labor. Anywhere in the Americas, did any of them free their slaves -- not at ...
2
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1answer
147 views

Historical tax revenue as a proportion of GDP

Modern countries vary widely in how much they tax their citizens (https://en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP). Where do historical monarchies fit into this ...
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4answers
922 views

What were the limitations on possession of wealth in Soviet Russia and how were they enforced?

Specifically: How were workers compensated, was wage equal everywhere? If not - what affected the variations? What were the limitations of possession of money and/or assets? How were they enforced? ...
2
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1answer
111 views

How much did Spanish California officials earn?

It is my understanding that in Alta California, priests and natives in Missions earned no cash salary, but Spanish army officials would have. From the governor down to a junior soldier, what did they ...
7
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1answer
2k views

What was the median price for a slave child in the Augustan Rome?

Just for example, 8 years old boy or 9 years old girl. So, not a newborn baby or toddler (no need for extended expenses for dedicated child-rearing nannies, wet nurses, etc.), but still too small to ...
4
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2answers
805 views

Why Ancient Rome Had No Economists? [closed]

It is my understanding that Rome had no economists, despite having a very advanced economy and many "advanced" professions ranging from historians to astronomers to botanists and architects. Why is ...
3
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2answers
157 views

Gold coin vs Silver coin exchange rate fluctuations in antiquity

Commodity prices fluctuate based on many factors (mostly use and availability). How much the exchange rate between gold and silver coins may fluctuate in a month or a year? Place: Judea & Bavel. ...
2
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2answers
7k views

Circa 1940, what was the oil production of each nation?

I'm looking for a source that lists all crude oil production by each nation, as it was in 1940. The reason is to understand geopolitics of the time, especially the oil security (or lack thereof) of ...
10
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1answer
612 views

Was Italian production after August 1944 significant in the German war effort?

This is related to Did France & Italy continue to develop and manufacture..., but I'm after more detail. I'm doing a bit of counterfactual: trying to work out how the German war effort would ...
2
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1answer
72 views

What were pre-internet stock books called?

I listened to a podcast recently where someone described looking up quarterly business and stock reports in a big book at the library in the days before the Internet. What were these books called? I'd ...
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0answers
188 views

Persian rugs in the silk road

I have to do a project on the silk road. One of the things traded would have been Persian rugs. But who would have imported these rugs, where and why was there a demand for these rugs?
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2answers
516 views

What demographic of people were the Ford Motor's Company biggest customers during the car boom of the early twentieth Century?

Who were the primary customers buying up the automobiles steadily decreasing in cost during the 20th century? Was it rural people replacing horses with vehicles? Would it have been inner city people ...
2
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0answers
130 views

Did wages get paid in pubs?

I recall hearing that in the past in Britain and Ireland, some workers (perhaps miners?) got their weekly wages paid out in the pub, much to the dismay of their wives. I don't remember where I heard ...
7
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1answer
1k views

What happened to the holders of German war bonds after WW1?

I was just reading about how Germany sold a lot of war bonds to citizens and other entities during World War 1. Given the dire economic situation of Germany after the war, what happened to the owners ...
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12answers
13k views

Why did the Soviet Union have multiple airplane manufacturers?

Generally, Communism believed in economic central planning, with each field being serviced by one "company" (to avoid waste). Why was it that the Soviet Union had multiple airplane manufacturers, ...
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2answers
2k views

At the time of Sputnik, what kind of radios were common in the Soviet Union?

Sputnik was launched 1957 Oct 4. At that time, what kind of radios were common in the Soviet Union? I'm interested in what kind of radios were privately owned and kept in people's apartments. What ...
7
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3answers
820 views

Were bicycles widespread in the Soviet Union?

In the Soviet Union, did most people own a bicycle? Were streets crowded with bikes? Or was there a shortage of bikes? What was the price of bikes and were they affordable? The time period I'm most ...
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4answers
2k views

In the Soviet Union, how was payment enforced for public transportation?

From my previous, related question, public transport was not free in the USSR. It seems prices were very low, around 3 to 5 kopecks. This seems so low that I'm surprised the government didn't simply ...