Jews in America economy development
The economic contributions of Jews in America have been significant and shaped by their historical experiences, cultural values, and integration into the broader society. Here is an overview of their impact on economic development in the U.S.: Early Contributions (Colonial Period to 19th Century) Colonial Period: Jewish immigrants, primarily of Sephardic origin, arrived in the 17th century and were active in trade, finance, and small-scale commerce. They contributed to the growth of port cities like New York, Charleston, and Philadelphia. 19th Century: With the influx of German Jews, many established businesses in retail and wholesale trade. Prominent families like the Lehmans (Lehman Brothers) played a foundational role in banking and finance. Industrialization and Urbanization (Late 19th to Early 20th Century) Eastern European Jewish Immigration: Millions of Jews fleeing persecution in Eastern Europe arrived during this period. Many worked in factories, particularly in the garment in...