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Breen successfully demonstrates the spread of imported goods into every niche of colonial America, and further concludes that the consumer revolution "depended ultimately on an extraordinary expansion of credit throughout the Atlantic world" (p.136). In his assessment, Breen suggests that the rapid expansion of the marketplace through credit reflected negatively on those colonials who sought to acquire through credit what they could little afford otherwise...
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In his assessment, Breen suggests that the rapid expansion of the marketplace through credit reflected negatively on those colonials who sought to acquire through credit what they could little afford otherwise. In reality, credit was a necessary evil in matters of business during this period. Because the mother country's economy and state revenues increasingly relied on exporting manufactured goods, a continually growing colonial market became more valuable and credit more and more necessary...
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