Industrialization and the search for markets brought the nation into direct opposition. Except for Britain, all other countries abandoned the interaction trade.
"Although Individual states attempted to isolate themselves from each other through high terrific and import duties, development in international economics mandated the continuing growth and development of an interlacing, worldwide system of manufacturing, trade,…
There was a growing trend in Howard's incorporation. With limited liability Corporation, many thousands of middle-class men and women considered corporate investment a safe and financially promising way of making money for themselves.
A stock-holding renter class emerged. The growing influence of bankers and financiers enhanced their power to stimulate or to dis-coverage the growth of…
Technology in Steal
The crucible technique was discovered in England. Pudding process by the Germans (while it did not produce steal a hard as that made in crucibles, it reduced its price considerably.)
With the invention of the Bessemer and Siemens–Martin process, steal Gina competing with iron. Together these three processes revolutionized the production of steel.…
Whatever the changes in technique and scope, the second industrial revolution cannot be compared to that the first revolution - the industrial revolution.
Difference between the Second Industrial Revolution & first Industrial Revolution.
Successful nation Building to increase International Political and economic revolution, culminating in a scramble after imperial territories in Africa and Asia.
Britain…
From 1860-1913, the estimated annual increase in agricultural output was 2%. Grain production dominated agricultural production throughout the 19th. A century and by 1913, grain cereals comprised almost half of the total agricultural output but were cultivated on nearly 90% of the land.
Institutional factors
The commune
Collective responsibility for tax payments and military recruits in the countryside…
Industrial Capitalism in Russia developed late. It reinforced and prolonged features of institutional backwardness. The onus of overcoming these limitations fell on an ambitious state and an overburdened peasantry.
Despite these limitations, the Russian industry managed spurts of high growth. A limited market for consumer goods focused industrial growth mainly on heavy industry. The industrialization of…
Mustafa Kemal played a minor part in the Young Turk revolution of 1908. Reform movement did not result in a Constitutional regime but in a visual military dictatorship.
Israel
Palestine went to Britain as a mandate under the League of Nations. In 70%-Arab and 36% Jewish & Christian.
Balfour Declaration
In accepting the mandate for Palestine, the British gov., in…
In 1867, the shogun prevailed upon to surrendering his prerogative to the emperor. When the Shoguns resisted, they were defeated by the principal daimyo.
This led to the abolition of the shogunate. The imperial residence was moved from Kyoto to Tokyo.
The old castle of the shogun was converted into an imperial palace. This series of events…
Tokugawa shogunate restricted international intercourse in Japan since the early seventeenth century. Americas, for eastern commerce, attained a considerable proportion.
Since about 1800, U.S. whaling and clipper ships had passed through Japanese waterways on route to China, and with the rise of steam navigation, the need for stations where ships could be refueled and provisioned became…
"While the modern state concentrated enormous powers in its hands, the politics of the nation became "democratic." It should not be a paradox since the - State claimed to represent the "popular" will and to rest on the "sovereignty of the people."
It was a democratic or people's state that exercised such vast powers. Multiple ideologies…