The Business Community of Seventeenth-Century England

A comprehensive study of the business community in a pre-industrial economy.

This comprehensive study explores all aspects of the English business community as it developed between 1590 and 1720. Drawing on largely untapped records of private firms as well as on institutional archives, Richard Grassby describes and explains the economic and technical structure of business in a pre-industrial economy and examines the ways in which social values, demographic factors, the family, the state and religion distributed talent, trained and motivated businessmen and determined their life style. The important conclusion which emerges from his study is that individual initiative and a fluid social structure largely account for differences in response to economic opportunities between England and other pre-industrial societies. His book offers an empirically based analysis of why men entered business, how they lived and worked and what they achieved, and it will appeal to all who wish to understand the dynamics of pre-industrial growth and the interaction between business and society.

Introduction: Questions and sources; 1. The status of business; 2. Obstacles to entry; 3. Funding and risk; 4. Necessity and choice; 5. The pattern of recruitment; 6. Skills and motivation; 7. Politics and government; 8. The measure of success; 9. Religion and ethics; 10. Family structure; 11. Consumption and leisure; 12. A symbiotic culture; Conclusion. Private enterprise in a pre-industrial economy.

This comprehensive study describes the structure of business in a pre-industrial economy and examines the way in which social values, demographic factors, the family, state and religion distributed talent, trained and motivated businessmen and determined their life style.