Economic Growth and the Standard of Living in Southern New England, 1640–1774

Gloria L. Main and Jackson T. Main

The Journal of Economic History, 1988, vol. 48, issue 1, 27-46

Abstract: This study draws upon a large sample of probated estates from early Connecticut and Massachusetts. It finds that total probate wealth per adult male grew slowly over the colonial period and its growth was confined entirely to real estate. The value of consumption goods per estate fell during the early eighteenth century which raises questions about the impact of economic growth on household life.

Date: 1988
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