The role of the state in Japan's economic development and the role of the state in China's economic development during the late nineteenth and early twentieth centuries were similar due to them both being politically isolated until 1860 which led to them economically lagging behind the west, different due to Japan maintaining independence from European control because they came out of isolation while China was controlled by the west due to their traditionalist government corrupting the economy which made it easy for the Europeans to control, and different due to Japan being able to m...

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• Grade Level: Undergraduate

The Oxford English dictionary describes the industrial revolution as a rapid industrial development, which took place in England in the late eighteenth and early nineteenth centuries, chiefly owing to the introduction of new or improved machinery and large-scale production methods. ... Firstly, Britain adopted the term 'industrial revolution' to describe her economic growth in the early nineteenth century. ... It became firmly rooted in the French language in the early nineteenth century, and it had a meaning widely recognized today: rapid economic growth fueled by advancement in te...

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• Has Bibliography
• Grade Level: Undergraduate

Since most scholars would agree that East Asia was far more advanced than the West before the eighteenth century, it draws a peculiar attention that how the "West" was able to achieve the "World Power" after the eighteenth century. ... Due to Japan's different characteristics, his argument about Europe's success can be also applied to explain Japan's singularly successful adaptation to the challenges in nineteenth century. ...

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• Grade Level: Undergraduate

Was the British entrepreneur the most important single reason for the relative decline of the British economy in the late nineteenth century? ... There was only state intervention in British education as late as 1902, and the century` s children and industries were generally regarded as ill -served. ... "The assimilation of the British business classes to the social pattern of the gentry and aristocracy had proceeded very rapidly from the mid nineteenth century, the period when so many of the so called ` public schools ` were founded, or reformed by finally excluding the poor for whom t...

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• Grade Level: Undergraduate

The turn of the 20th Century sparked the "managerial revolution", management became separated from ownership in corporations, and a rise of large companies and a corporate elite. ... During the late nineteenth century Germany's Chancellor, Otto von Bismark, began an initial movement towards the modern welfare state. ...

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Through the late nineteenth century, as coal and electricity supplanted water power, industry moved from riverside factory towns to cities. ... In the last three decades of the twentieth century, as the existence of ghettos proved an intractable problem, sociologists postulated various hypotheses to explain the ghetto. ...

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In the late nineteenth century, Alcoa had its first taste of Monopoly when it acquired a patent on the new method developed by it to remove oxygen from bauxite to obtain aluminum, which precluded other firms in the industry from using it. ...

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In the nineteenth century, too, inequality grew rapidly during the last three decades, in an era of rapid global integration: the income gap between the top and bottom countries increased from 3 to 1 in 1820 to 7 to 1 in 1870 and 11 to 1 in 1913. ...

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• Grade Level: Undergraduate

After the sixteenth century, different realms were colonizing countries and domains everywhere throughout the world. ... Europeans established settlements in colonial coastal enclaves before the late nineteenth century. ... While colonization ranges and patterns firmly reflect worldwide plans of industrialization and monetary improvement, this is regardless an astounding change in examination to the circumstance toward the start of the twentieth Century, when basically 13 every penny from the populace lived in frontier regions and there had been only sixteen metropolitan territories on the pla...

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• Grade Level: Graduate

The XXI century shows the considerable gap between the rich and the poor and it is commonly admitted that it is due to globalisation. ... For example, we can see in England and in America as well, that the differences in income between upper and lower social layers are larger than they have ever been since collection of income distribution statistics began at the end of the nineteenth century. ...

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The internationalization of economic activity in Europe first took off in the fifteenth and sixteenth centuries, with the development of new shipping technology that led to Spanish colonization of Latin America. ... Similarly, the nineteenth century proved to be an era of increased international commerce, triggered by the industrial revolution but, in the 1930s, this economic expansion was reversed as political turmoil created the Great Depression. The contemporary phase of globalization only started to return global economic activity to nineteenth-century levels in the late 1970s. ...

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Adam Smith Economics is a science that most people practice everyday. Economics is the social science dealing with the use of scarce resources to obtain the maximum satisfaction of society's unlimited economic wants. Many of the ideologies of the modern world have been shaped by prominent ...

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THE SOUTH AFRICAN ECONOMY Brief economic history During the 1960s the South African economy expanded at an annual average rate of 5,5 percent and experienced average inflation of 2,4 percent. This compared with annual growth of 5,0 percent in industrialised Organisation for Economic Corporation and Development (OECD) countries and inflation of 2,9 percent. Dollar per capita income grew 73 percent during the decade. The 1970s were turbulent years internationally and the domestic economy grew by only 3,2 per cent per annum (versus 3,4 percent in OECD countries). Relative economic performan...

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• Grade Level: Undergraduate