Nobody downloaded yet

The Glorious Revolution and British Industrialization - Assignment Example

Comments (0) Cite this document
Summary
The essay “The Glorious Revolution and British Industrialization” seeks to evaluate the political changes in the aftermath of Glorious Revolution, which had a decisive role in bringing about British industrialization and the economic take-off of Britain in the late 18th century…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.8% of users find it useful
The Glorious Revolution and British Industrialization
Read TextPreview

Extract of sample
"The Glorious Revolution and British Industrialization"

Download file to see previous pages The judges’ salaries were paid by the King and so in disputes involving the crown and the wealth holders, the judiciary always favored the crown, thereby denying citizens their rights over their own property (North and Weingast, 1989, p.813). It was these restrictions on private property that eventually caused the decline of the crown and a political power rising over it in the form of the Parliament (North and Weingast, 1989, p.814). And this political power naturally promoted economy based on private property rights and markets, which became the major catalyst for the industrial revolution.
After the Glorious Revolution, the right to impose taxes was exclusively vested with the Parliament (North and Weingast, 1989, p.816). The revenue eliciting devices of the King were reduced almost to nil, the crown was made to approach the Parliament for revenues, Parliament was given the right to audit the government, and the Parliament also came to command veto power over government expenditures (North and Weingast, 1989, p.816). It is also observed the hat this kind of institutional reforms gave higher control for wealth holders on the decisions of the government (North and Weingast, 1989, p.817). More economic freedom became incorporated into the laws (North and Weingast, 1989, p.818). Another positive step for better economic freedom was the establishment of an independent judiciary, not controlled by political forces and which enforced these new laws of economic freedom (North and Weingast, 1989, p.819). There was correspondingly an effort to regularize the structure of public finance (North and Weingast, 1989, p.820). Yet another important development was the emergence of the banking system (North and Weingast, 1989, p.825). ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Glorious Revolution and British Industrialization Assignment - 1”, n.d.)
The Glorious Revolution and British Industrialization Assignment - 1. Retrieved from https://studentshare.org/history/1577595-answer-the-questions-from-the-articles-that-i-attached
(The Glorious Revolution and British Industrialization Assignment - 1)
The Glorious Revolution and British Industrialization Assignment - 1. https://studentshare.org/history/1577595-answer-the-questions-from-the-articles-that-i-attached.
“The Glorious Revolution and British Industrialization Assignment - 1”, n.d. https://studentshare.org/history/1577595-answer-the-questions-from-the-articles-that-i-attached.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Effects of the British Industrial Revolution
...The positive and negative effects of the 19th century British industrial revolution Introduction One of the most important events in the history of the Great Britain is the industrial revolution of the 19th century. This revolution completely changed the British socioeconomic system. The British industrial revolution generated very favorable results for the entrepreneurs who had opened companies and factories at that time. Their businesses flourished and they made a lot of money. On the other hand, people that worked at the grass-root level to make the factories run...
6 Pages(1500 words)Essay
Industrialization
...? Industrialization Marx was a German revolutionary economist who is known to be the founder of the Communist movement. He d thewide industrial change in Britain and decided to write about it. Besides being an economist, Marx was also a philosopher. Marx observed the class struggle in which the oppressed reacted against the oppressors. He also described the victory of one class as a pavement to future freedom of the rest of the society and the generations to come. In the past Britain history, several groups emerged each claiming the authority over the other. The foundation of all Marxist leads to the analysis of political parties that formed in the early years in the British history....
3 Pages(750 words)Essay
The Glorious Cause
...within historical accuracy. As such, it is not laden with ill conceived ideologies that often characterise books of historical fiction. Jeff Shaara endeavours to at times expound, or rather speculate, on the motives, emotions that characterised the actions of these principle characters. Conclusion This is a fascinating story for any reader with the slightest interest in the origin of America as a free nation state. Jeff Shaara goes to an extra mile to elucidate on the lives individuals who withstood hardships and in the end managed victorious against British imperialism. It is important to note that, this book is not merely a account of the six year struggle for American independence. Rather, it is a tale dedicated to...
3 Pages(750 words)Book Report/Review
British Empire and American Revolution
...Revolution. New York: Knopf, 1939-1970. Essay 2 Fundamental change with regard to the colonists, slaves, Native Americans and women after American Revolution. . The American Revolution brought a series of changes in colonial rule and had a drastic impact not only political but also on all sections of the society including colonists, slaves, Native Americans and women. Immediate change was visible in the economic setup as there was change on domestic and foreign currency. Colonists were urged to form their own government yet there was a challenge in implementation of the same as the British destroyed the original political communities. Colonists...
6 Pages(1500 words)Essay
Industrialization
...revolution led to surplus production of food with little effort thus enabling people to stop looking for jobs in agriculture and instead ventured into the cottage industries and later on to the better industries that emerged. Colonisations of other countries outside Europe found new financial markets and hence the accumulation of capital from the colonies combined with scientific revolution led to industrialization The biggest question that remains is why did early revolution occur in Europe alone and not in other regions such as china, Japan and the Middle East or other parts of the world A number of factors such as the government...
8 Pages(2000 words)Essay
The British Industrial Revolution
...The British Industrial Revolution Debate Introduction Between 1760 and 1860, there were various technological changes that were taking place in England that led to major changes in the social life of the people. This was marked as an important period in the history of the people of Britain and also as an important period in the industrial revolution of Britain. Industrial revolution or industrialisation is an important period that has led to various developments in technological life of the societies. It is a process of social and economic changes in which human groups are transformed from an...
11 Pages(2750 words)Essay
British Industrialization
...British Industrialization Industrialization in Britain was a long, slow, and uneven process. Economic historians the beginning of what has become known as the “Industrial Revolution” in 1800s where the process of changing to mechanized, factory-based industrial economy was completed. Its impact on the population and existing way of life were drastically experienced from this period until the 1900s. According to Stuart Hall et al., the changes involved were so momentous that their shadow fell across the lives even of those who were not directly affected. (p. 133) One of the major results of industrialization was the...
2 Pages(500 words)Essay
Industrialization
... and rural population decline. Also the nature of the labor also changes to a great extent. The cities grew and the urban areas of the country expanded fivefold. Also there was an explosion in the growth of the big cities and the industrial revolution and its effects are seen even until the current day. Overall the industrialization has led to a large hop in the economy of the country along with the general public receiving a lot out of the changes as well. It has been a complete win – win situation for both the nation as well the ordinary American.... In what ways did the coming of industrialization transform the lives of ordinary Americans during the 19th Century The 19th century brought about a number of changes in...
1 Pages(250 words)Essay
Industrialization
...Industrialization Lecturer: Presentation: Industrial revolution brought major changes at the turn of the 20th centuryin America. Initially most of the workers in America worked on farms. Agriculture was the major source of livelihoods. During the industrial revolution, mining and construction activities increased thereby raising the demand of workers. Many people were employed in the manufacturing companies that were expanding rapidly. The new industries employed close to 10 million people in the early 20th century. Even though employment opportunities were created through the development of new industries, the wages...
3 Pages(750 words)Essay
British Industrial Revolution
...Industrial Revolution in Britain There is no single reason as to why the industrial revolution first started in Britain, but rather a perfect coalescence of individual parts that led to Britain’s successful industrial revolution. Diverging reasons have been given to explain the dominance of England in this front. Key among these reasons is the belief that the British were just fortunate people who happened to be at the right place at the right time. However, the people could have opted not to work. Nature had given the Britons more to work with than people in other places and so the task advanced more quickly (Morris,...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Assignment on topic The Glorious Revolution and British Industrialization for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us