Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Wool Trade - Research Proposal Example

Comments (0) Cite this document
Wool trade started at the time when England was still dependent on subsistence economy being in a feudal economic order. There was an increasing demand for food as the population grew, which resulted in inflation. The gentry, the free farmers, and the leaseholders, having had the food production in their hands, profited most from this order…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.1% of users find it useful
Wool Trade
Read TextPreview

Extract of sample "Wool Trade"

Download file to see previous pages A need for food imports to a certain extent was the consequence of this practice.2
The industrial revolution is generally viewed as a continuous, self-sustaining process of economic growth with the presence of production and consumption.3 However, there is evidence leading to the point that standards of food consumption of the rural poor has deteriorated to a predominantly bread and cheese diet since the enclosure system took away their pasturage and land.4
The occurrence of the Industrial Revolution created an impact contrary to that of agrarian revolution. The industrial Revolution opened the doors for enterprise and industry in which the Enclosure removed the opportunity of the small man.5 Before the eminence of wool trade, most European countries made cloth for domestic consumption although certain areas produced looms and dyeshops which found a market al over Europe and the Near East.6 With all these scenarios, certain forms of agrarian organizations detached themselves from the general picture and continued on with the traditional feudal setting. The medieval village continued to be self-sufficing despite the economic transformation of the social system and produced the bulk of food.7
It was England which was the largest and most imp...
This paper aims to look at how the First Enclosure act influenced the industrial revolution of the 19th century which led to an industry that led to progress.
Statement of the Problem
This study seeks to determine how the First Enclosure act influenced the industrial revolution of the 19th century which led to an industry that led to progress.
Specifically, it aims to answer the following questions:
1. What are the factors that led to the progress of the wool trade in the 19th century
2. How did the wool trade sustain the transformation of the mode of production from self-subsistence to capitalist production
3. How did the first enclosure act safeguard the emergence of the industrial revolution of the 19th century
Significance of the Study
This study is significant to a number of persons within the same domain as its theme, such as students and future researchers. For the students, it can help them further understand the relevance of the wool trade in relation to the bourgeoning of the present trade liberalization policies and practices. For future researchers, this study can serve as a secondary material in their furtherance of a research on the similar subject. Members of the academe can benefit from this study by making it a reference material on related subjects.
Conceptual Paradigm
The conceptual paradigm of this study operates in the illustration below:
Research Methods
The methods to be employed in this research are descriptive-qualitative method, historical analysis, and case studies. As a qualitative research, the study is concerned with process rater than outcomes or products.9 As a historical research, the historical analysis to be employed is based on the systematic collection and evaluation of data related to past occurrences in ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Wool Trade Research Proposal Example | Topics and Well Written Essays - 1250 words”, n.d.)
Wool Trade Research Proposal Example | Topics and Well Written Essays - 1250 words. Retrieved from
(Wool Trade Research Proposal Example | Topics and Well Written Essays - 1250 Words)
Wool Trade Research Proposal Example | Topics and Well Written Essays - 1250 Words.
“Wool Trade Research Proposal Example | Topics and Well Written Essays - 1250 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document



...Boys will be Boys Barber and Odean (2001) suggest that higher trading in the financial market is a result of overconfidence in the trader about their own skills of understanding the market. This overconfidence in the financial market leads to in lower expected utility. They presents a belief that overconfident investors hold riskier portfolios as compared to rational investor but still are able to obtain the same kind of returns. Odean (1998) suggests that securities individual investors sell subsequently outperform those they buy. Moreover the amount of trading cost is higher by overconfident investors, thus leading to a decline in net realization. Gervais and Odean (1998) suggest that overconfidence is a function of assessing self...
4 Pages(1000 words)Essay

International Trade - World Trade

...International Trade As reported by the World Trade Organisation in 2005, world trade in merchandise grew at an average of 7 percent per year between 1955 and 2004. Identify and critically discuss four factors that may have contributed to this over this period. 30% (600 WORDS) Much have been written about the factors contributing to the marked growth of trade between the years 1955 and 2004. Several factors have been mentioned and speculated to have contributed to such growth. However, I personally believe that the four factors that may have contributed to the growth in merchandise in world trade between 1955 and 2004 are the following, but not necessarily in order: 1) the advent of and significantly rapid advances in information...
8 Pages(2000 words)Essay

Trade/Free-Trade Agreements

...Engelbrecht Hellen Engelbrecht Academia-Research Paper Academia Order 172265 27 May 2007 Trade/Free Trade Agreements Various countries are involved in international trade amongst one another. There are organizations developed specifically for the negotiations of trade between foreign lands such as the WTO - World Trade Organization. The bartering of goods across international borders or regions between countries constitutes 'International Trade'. Quite a substantial portion of especially third world countries' gross domestic product is due to the quantity their international trade affiliations. Throughout time since the origination of bartering from neighbor to neighbor or country to country, there has been a substantial increase over...
3 Pages(750 words)Essay

Is there a market for wool suits that are washable

The strategies for the future will be regarding the expansion of the market, cost of production, cost effectiveness and market vulnerability of the strategies of the company. As the management comprises of directing and controlling the company, the coordination is required. This needs harmonizing the group towards accomplishing a goal. The resources available to the company are assessed and are divided into human, financial, technological and natural resources. The management deals with the power by position and this combined with leadership qualities involves the influence in marketing the product. When the company is one of the market leaders its products, the management qualities can be combined with leadership qualities and ca...
30 Pages(7500 words)Essay

International Trade and Trade Barriers

...International Trade and Trade Barriers Introduction International trade or foreign trade – economic activity between nations characterised mainly by export and import – is no longer new to mankind. It has been a long time practice between societies that has led to the discoveries of the whole world and has furthered cultural exchanges, but unfortunately, has also transferred undesirable things such as diseases, crimes and negative influences. Evidence to early trading between peoples from different world parts is the Silk Route – the 4,000-mile long trade route from China’s ancient commercial centres that had enabled people to trade goods – mostly luxury goods and medicinal herbs (Wood 2002: 9) between Asia and Europe from 105 or 115 BC...
8 Pages(2000 words)Term Paper

Free Trade and Fair Trade

...Free Trade and Fair Trade Three decades separate the two articles for consideration in this paper. The famous Friedman stance is for unequivocal and unrestricted free trade, which has largely governed the direction of international trade negotiations since then. However, after thirty years, despite giant strides in world diplomacy, free trade seems to be an elusive goal. Stiglitz and Charlton, with the advantage of time and experience, have tempered Friedman’s theory with their idea of Fair Trade. Free Trade. In his 1980 article “The Case for Free Trade,” Milton Friedman advanced the theory that unrestricted free trade was in the best interest of all the trading countries in the world, degree of development notwithstanding...
4 Pages(1000 words)Essay

Global Market Expansion of New Irelands Wool

...Final Project: New Irelands Wool Table of Contents Table of Contents 2 Introduction 3 Methods 3 Product 4 Price 6 Competitors 7 Target Market 8 BrandImage Creation 9 Promotion and Advertisement Strategies 10 Distribution Strategy 11 Usage of Internet as Medium of Sales 11 Conclusion 12 References 13 Introduction The paper deals with global market expansion. The case basically states about the two Irish people migrating from Ireland and starting up their wool based business in United Sates of America. From the case, it is also evident that they were successful in their business venture locally as well as regionally. The major attributes of the two Irish traders could be considered as their nature and their pleasant accents which were...
10 Pages(2500 words)Case Study

Evolution of the Use of Wool

... officer sat on a chair that was stuffed with wool commonly known as the Woolsack in the 14th century (Gleason 212). The textile industry began growing massively and during the 15th century, wool trade was international, and there was great competition of skills in the international market. The value of woolen textile was then concentrated on the finishing and dyeing. In the 1970s, there was the production of wool that was treated specially to make it machine washable and possible to tumble-dry. A new wool suit was later developed in 2007 and sold in Japan. It could be washed in the shower, and it could dry off and be ready to be worn. It did not require ironing. This made it possible to make skirts, trousers and suits from the wool...
4 Pages(1000 words)Term Paper

Evolution of the Use of Wool

...’ skin. It is worth mentioning that the wild sheep are hairy. During the 4th BC the woolly sheep were found in the Eastern Europe. Wool was generally produced from the hair or the fiber, which has been grown on the sheep, alpaca, Angora goat and Angora rabbit. When the people come to know about the advantages and benefits of the wool they started trading of wool for expanding the business of woolen garments. Sheep were domesticated in Asia and the technique of the extracting wool has been invented in Asia. However, very soon trade of wool expanded all over the world (Power 1-69). TYPES OF WOOL There are many different types of wools that are produced from the different types of sheep and animals. The wool, which is produces by the fleece...
5 Pages(1250 words)Term Paper

Trade Diversion and Trade Creation

...Trade Diversion and Trade Creation Introduction Trade as known refers to the transfer of possession of services and goods from one entity to another in exchange of goods or money for other services. This paper is going to talk about various forms of trade. The document addresses trade creation and trade diversion. The paper will also contain diagrams of the trade diversions and the trade establishments. The differences that usually exist between countries before trade diversions and after the trade creations are also considered. Finally, the paper will also discuss some of the effects that lead countries to trade agreements. Trade Diversion and Trade Creation The concept of trade creation and the trade diversion...
7 Pages(1750 words)Essay

The Role of the World Trade Organization in Globalization

The protests according to the President of Mexico came from people who were either ignorant of the exact situation despite having a genuine concern and hence were swayed by emotions or by those who had become insecure in their jobs with globalization.
WTO claimed that the first charge was a misconception. It claimed that it opposed measures that use environmental protection as a guide for the protection of domestic industries against foreign competition and not to the measures to protect the environment as the allegations suggested. WTO debated that under its rules, environmental protection measures are prohibited only if those measures treat foreign producers more harshly than domestic producers. It was later found as seen i...
10 Pages(2500 words)Coursework

International Trade: Warsaw Convention 1929

From time immemorial, humans have always organized or segregated into different structures like countries, communities, organizations, etc. Among these different structures, the organizations and its employees undertake activities through which they produce products. After humans’ and machines’ role in producing products, transportation only comes into the picture and transfers the manufactured products to their destinations as a form of International Trade. So, International transport compliments International trade perfectly, and vice versa. This correlation between International transport and trade is governed by a set of rules and regulations, being followed consensually by most of the countries of the world. These...
7 Pages(1750 words)Term Paper

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages(1500 words)Case Study

Air Pollution and Cardiovascular Disease: Bullish Business Long-Run Trade-Off

Increased concentrations of effluents in the air were found to have particularly been emitted from motor vehicle exhausts, industrial factories, and other burning or combustion activities of Australians (Bartnett et al. 2006). Practically, any engine that utilized fossil fuel is known to be emitters of these effluents in addition to other activities that require burning of materials as have been broadly argued by different concerned sectors for the minimization of its usage, as well, finding alternatives which could be biodegradable fuels.

Air is humankind’s natural source of respiratory Oxygen. Its preservation may have been openly disregarded so that the current generation has to face up to the maintenance of it...
12 Pages(3000 words)Term Paper

The Trade Union Movement in the UK

Before the ERA 1999, union membership and recognition in the UK were characterized by voluntarism, in which employers and employees could bargain over the terms and conditions of employment without any legal interference. With the statutory system ushered in by the new law, voluntary recognition of unions is no longer allowed and it becomes unlawful for British employers to deny recognition to unions under any circumstances. That conveys the impression that ERA created a radical change in British industrial relations. This paper takes the contrary view, however, and proposes that while the new industrial relations law looks revolutionary in principle, there are no fundamental changes in actuality for the change to qualify as &ldqu...
8 Pages(2000 words)Case Study

North Atlantic Free Trade Agreement - Is It Working

The result of the agreement was the world largest free trade area (Foreign Affairs and International Trade Canada). This means that all the barriers that hindered trade and investment within the three countries would be lifted. All the non-tariff agricultural barriers were removed that were once there between Mexico and the United States of America.

Their tariffs were decided to be removed within a period of time of 5 to 15 years. With Canada, all the agreements that were signed regarding trade and agriculture were included in this agreement (United States Department of Agriculture). In short, the three countries, after signing the agreement, we're able to buy, sell and invest in international markets and institutions...
10 Pages(2500 words)Report

Potential Benefits of International Trade

... Content Outline I. Introduction (a) Definition (b) Background II. The Reason Why Countries Take Part in International Trade (a) Major Commodities in Today’s International Trade and Economic Gains Arising From it (b) Reasons Compelling Countries to Place Restrictions in International Trade III. Conclusion I. Introduction (a) Definition The expression international trade refers to an exchange of commodities across boundaries of nations. Two major terms are used to describe international trade (that’s imports and exports). Imports are services and goods bought from other countries while exports are the services and goods sold to nations or individuals of foreign countries. (b) Background It’s estimated that the international business...
6 Pages(1500 words)Coursework

Macroeconomics and Trade Policys

Keynes argued that prices and wages do not determine the level of employment, as many classical economists suggested, but instead the level of aggregate demand for goods and services (Case & Fair 683). Keynes realized as well during the Great Depression that the government could intervene in the economy to attain specific employment and output goals by either increasing or decreasing taxes and government spending.

For example, raising taxes will decrease the disposable income of households and thus effectively decreasing consumption. When the government decreases consumption, the household demand for goods and services decreases thus it would only seem reasonable that the amount of output that the economy would also...
7 Pages(1750 words)Article

Comparison of the Political Orientation of Trade Unions

Austria or you may call is the Republic of Austria in official terminology is located in Central Europe. Although the population figures do not touch the danger limit but the talent and resources are worthwhile there. Germany and Hungry are also near this region. Italy is in the south of Austria. Switzerland will be seen in the west. So, now you can realize the importance of this region clearly.
The GDP is also impressive here. You can say the economy is strong and it has much depth. The strong social market economy is the result of development and proper management by the government (DArt & Turner 2008). Traders find flexibility in business operations. Labor has a positive approach to work and jobs.
There was a tren...
9 Pages(2250 words)Term Paper

Liberalized Trade and Export Orientated Policies in Agriculture

With liberalized trade and oriented policies in agri-commodities, it is the hope of many that the problem of hunger and poverty in developing states may be alleviated offering these countries an opportunity of feeding the entire population and defeating poverty (Hawkes, 2009). In the study, the researcher will evaluate how liberalized trade and export-oriented policies in agri-commodities offer LDCs the best prospects for tackling hunger and poverty with a particular focus on Kenya; a sub-Saharan developing country. The scope of the paper will include assessment of the problem in the country and evaluation of global regulation policies in relation to international trade and liberalization of international agriculture trade practic...
7 Pages(1750 words)Assignment
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 Research Proposal on topic Wool Trade for FREE!

Contact Us