Credit System’s Role in Class

The genesis of the American credit system lay not in formal institutional structures but in transatlantic trade networks and personalized reputation. During the colonial period, the flow of credit, which served as the primary lubricant for commerce, was fundamentally dictated by British merchants who financed trade between England, Scotland, and the American colonies.

AI Generated Report: The Architecture of Inequality: A Comprehensive Historical and Sociological Assessment of the American Credit System (Nov 2025)

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