Capitalism and the American nation have long been bedfellows; after all, they are both the children of eighteenth century Neo-Classical Liberalism. It is worth noting that both the “Declaration of Independence” and Adam Smith’s “Wealth of Nations” were presented to the public in the same fateful year of 1776. However, the America of Revolutionary days certainly was neither the financial nor business force that it is today, and understanding how the nation came to be so closely linked to capital is an important understanding.
Documents of Freedom: History, Government, and Economics Through Primary Sources
This complete online textbook covers American history, government, and economic concepts. Resources include readings for students, activity directions for teachers, and handouts that are downloadable and printable for classroom use. Content is geared toward students in grades 8-12. All materials are aligned with Common Core and individual state standards.