The Realization of Svishtov`s Revival Merchants Heirs in Post-liberation Bulgaria

Emilia Vacheva ()
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Emilia Vacheva: 'D.A. Tsenov' Academy of Economics, Svishtov, Bulgaria

Proceedings of the Centre for Economic History Research, 2022, vol. 7, 362-373

Abstract: This article traces the economic behavior of the heirs of Svishtov Revival merchants after 1878. Based on the available information, the participation of the second and third generation of merchant elite in the political and cultural life of the country and the city is highlighted and supplemented. Their education, professional orientation and realization are noted. The analysis of the available materials allows us to outline three main models of the realization of the heirs of the Renaissance merchants. In the first model, the sons continued to develop commercial activities, initially jointly with their fathers within the city, and after their withdrawal, they successfully expanded the bequeathed capitals. In the second model, the heirs develop an independent commercial activity. A significant part of them leave the family businesses and join the administrative and management apparatus of the country, they form the third model of realization.

Keywords: Svishtov; entrepreneur; trade; trading company; successor; clerk (search for similar items in EconPapers)
JEL-codes: N33 (search for similar items in EconPapers)
Date: 2022
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