ECON 2720 : Business History2720CompleteNotes.pdf

92 views78 pages

Document Summary

Great britain unified nation, began building empire late 1600s, oversea empire north merican , Germany: not unified, several large german principalities, lack of unification impeded business development. North america: british colonies, american revolution 1776, british business and gov had huge influence. The economic setting (these are the themes of industrial revolution they are better discussed n lec notes for each of the above countries) All of the above countries were commercial economies not subsistence ones. Elements characterized these commercial economies: commercial agriculture and regional specialization. Trade: regional specialization in trade, domestic commerce and foreign trade expanded rapidly, china and japan were different didn"t like foreign trade www. uofgexamnetwork. com. Growth of cities: urbanization in all countries. All played a really large role in how business developed. Stabilization of all three increased living standards and growth. Tokugawa merchants: merchant houses, governed by daimyo, ex mitsui, static view of society o, but smaller trade was still very important.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers

Related Documents