Keynesian or pump priming philosophy, In other words, money should be held in the working class of the people. Their spending would set the pace for the economy because it would then determine how businesses and companies would set new demands and needs for the new hired workers. This was controversial and interesting because it was exactly the opposite of the previous Republican model of "Trickle Down economics"
The guild paid taxes, as well as a percentage of their trade profits, to their lords.
New slaves from Africa were imported in Southern plantations.
