Pre-Colonial to Civil War Era. Rural and agricultural production. Towns were small and they functioned as marketplaces for farmers. Economic focus centered on rural areas. Families lived and worked together.
England's success at colonizing what would become the United States was due in large part to its use of charter companies. Charter companies were groups of stockholders (usually merchants and wealthy landowners) who sought personal economic gain and, perhaps, wanted also to advance England's national goals. While the private sector financed the companies, the King provided each project with a charter or grant conferring economic rights as well as political and judicial authority