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University of Illinois: Early American Trade With China: Getting Rich in the China Trade [Pdf] HandoutUniversity of Illinois: Early American Trade With China: Getting Rich in the China Trade [Pdf] Handout
Publisher
University of Illinois
Resource Details
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Grade
9th - 10th
Subjects
Social Studies & History
2 more...
Resource Type
Handouts & References
Audiences
For Administrator Use
2 more...
Lexile Measures
0L
Handout

University of Illinois: Early American Trade With China: Getting Rich in the China Trade [Pdf]

Curated by ACT

The early China trade was a small but important part of the developing economy of the United States. Trade with China provided opportunities for great profits although it also carried great risk.Merchants who engaged in trade with China invested significant amounts of their profits into less risky private investments at home such as real estate, manufacturing, and railroad building, and into charitable works like libraries, museums, and colleges. The money pumped into the United States economy through these investments helped the young nation grow.

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Additional Tags

american's trading with china, early american trade with china: getting rich in the china trade, john jacob astor

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