Boston Associates

The Boston Associates were a group of wealthy New England businessmen in the early 19th century, around the 1820s and 1830s, who collaborated to develop industries like textiles, clothing, and banking. They pooled their resources and expertise to build factories, improve transportation, and grow regional commerce, helping Massachusetts and neighboring states become industrial centers. Their cooperative efforts played a key role in the Industrial Revolution in America, fostering economic growth and urbanization in the Northeast. Essentially, they were entrepreneurs working together to modernize and expand industry, laying the foundation for America's industrial economy.