The historic dearth of labor was perhaps the central feature of the American economy in the seventeenth and eighteenth centuries.

The historic dearth of labor was perhaps the central feature of the American economy in the seventeenth and eighteenth centuries.

๐Ÿ“– H. W. Brands

๐ŸŒ American  |  ๐Ÿ‘จโ€๐Ÿ’ผ Historian

๐ŸŽ‚ August 7, 1953
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This quote highlights how limited labor resources played a crucial role in shaping early American economic structures. The scarcity of human capital likely influenced wages, labor practices, and economic development during that period. Recognizing such a dearth helps us understand the foundational challenges faced in building a stable economy and the subsequent shifts in labor availability over time.

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January 04, 2026

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