Skip to main content Accessibility help
×
Hostname: page-component-84b7d79bbc-l82ql Total loading time: 0 Render date: 2024-08-01T06:22:29.299Z Has data issue: false hasContentIssue false

12 - Towards a Private Market Economy in Australia: 1810–40

from Part IV - The Colonial Australian Economy 1810–1840—A Historical, Statistical and Analytical Account

Published online by Cambridge University Press:  04 August 2010

Get access

Summary

Introduction

By 1810, only a very small number of persons, whether convict or free, had been transferred to Australia. The great inflow of immigrants occurred after 1812, in broad terms accelerating up to 1840 when a sharp reversal occurred. Although the initial bridgehead to 1810 was strongly influenced by British ideas, behavioural practices and institutions, the mass transfer, the mass influence of Britain on Australia during this formative period, occurred after 1810. Though major adaptations in Britain, encapsulated in the concept of the Industrial Revolution, may have influenced the decision to establish a penal colony in Australia, it was after 1810 that the full flow of these British changes affected the colonies.

Historians are accustomed to the idea of the ‘intellectual baggage’ that came with these immigrants. What has not been explored adequately is the content of this ‘baggage’ and the way in which it was adapted to Australian conditions. This section addresses these issues. Immigrants to Australia, whether coerced or not, came with various parts of an understanding of how the British economy and British society operated. This implied a degree of understanding of the most advanced market system on earth. It is clear that, during the years of establishing a bridgehead, officials, both military and civil, had a strong appreciation of self-interested behaviour, of the value of private property, of the importance of accumulation and incentive. Subsequently, freely arriving immigrants were similarly attuned to market behaviour.

Type
Chapter
Information
Forming a Colonial Economy
Australia 1810–1850
, pp. 107 - 136
Publisher: Cambridge University Press
Print publication year: 1994

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×