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Hardcover A Culture of Credit: Embedding Trust and Transparency in American Business Book

ISBN: 0674023404

ISBN13: 9780674023406

A Culture of Credit: Embedding Trust and Transparency in American Business

In the growing and dynamic economy of nineteenth-century America, businesses sold vast quantities of goods to one another, mostly on credit. This book explains how business people solved the problem of whom to trust--how they determined who was deserving of credit, and for how much. In the process, a business system based largely on information circulating through personal networks became dependent on more formalized methods and institutions. First...

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Format: Hardcover

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