How Long to Read Credit and Debt in Eighteenth-Century England

How Long Does it Take to Read Credit and Debt in Eighteenth-Century England?

It takes the average reader 4 hours and 22 minutes to read Credit and Debt in Eighteenth-Century England by Alexander Wakelam

Assuming a reading speed of 250 words per minute. Learn more

Description

Throughout the eighteenth century hundreds of thousands of men and women were cast into prison for failing to pay their debts. This apparently illogical system where debtors were kept away from their places of work remained popular with creditors into the nineteenth century even as Britain witnessed industrialisation, market growth, and the increasing sophistication of commerce, as the debtors’ prisons proved surprisingly effective. Due to insufficient early modern currency, almost every exchange was reliant upon the use of credit based upon personal reputation rather than defined collateral, making the lives of traders inherently precarious as they struggled to extract payments based on little more than promises. This book shows how traders turned to debtors’ prisons to give those promises defined consequences, the system functioning as a tool of coercive contract enforcement rather than oppression of the poor. Credit and Debt demonstrates for the first time the fundamental contribution of debt imprisonment to the early modern economy and reveals how traders made use of existing institutions to alleviate the instabilities of commerce in the context of unprecedented market growth. This book will be of interest to scholars and researchers in economic history and early modern British history.

How long is Credit and Debt in Eighteenth-Century England?

Credit and Debt in Eighteenth-Century England by Alexander Wakelam is 261 pages long, and a total of 65,511 words.

This makes it 88% the length of the average book. It also has 80% more words than the average book.

How Long Does it Take to Read Credit and Debt in Eighteenth-Century England Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 57 minutes to read Credit and Debt in Eighteenth-Century England aloud.

What Reading Level is Credit and Debt in Eighteenth-Century England?

Credit and Debt in Eighteenth-Century England is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Credit and Debt in Eighteenth-Century England?

Credit and Debt in Eighteenth-Century England by Alexander Wakelam is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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