How Were Notions of Class,wealth,and Status Played Out in Colonial

question 71

Essay

How were notions of class,wealth,and status played out in colonial America? Where do you see evidence of class tensions and resistance to European ideas of status? Is there evidence that distinctions of wealth and status were changing as the seventeenth century drew to a close? In what ways?

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Definitions:

Incentives

Motivational factors or mechanisms that encourage individuals or groups to behave in a certain way or to take specific actions.

Lump-Sum Taxes

Taxes that are the same amount for everyone, regardless of the taxpayer’s income level or ability to pay.

Marginal Tax Rates

The percentage of tax applied to the last dollar earned, indicating the fraction of any additional income that will be taken in taxes.

Inflation-Adjusted

An adjective describing the modification of financial figures to reflect changes in the purchasing power of money, allowing for comparison over time.