J. H. Boeke once noted that “East is East and West is West, and never the twain shall meet” (Ray: 449). Central Asia countries and regions have always sustained their tradition as well as believed their superiority over the West. However, the connection between Asia and the New World reemerged during the period between sixteenth and twentieth century. The advanced technology and military predominance of the Europeans had brought easier and broader trading routes of commodities that were not available in Asia before. Through advancement in transportation, communication and banking system, imperialism of the Europeans and the transformation of trading company to empire, it is clear that both the East and the West had influenced each other in
The British has made a significant amount of success through the economy of Hong Kong. Economics in Hong Kong wouldn’t be as advanced as they currently are if it wasn’t for the British. They have given more freedom for further industrialization which as a result attracted more foreigners for investments and financial. “ British rule, Hong Kong is destined to remain a Western-friendly place, drawing expats from many major countries looking for economic opportunity”.
This impacted the art industry in India and took away their pride. British Colonialism brought positive impact on Technology in India. During the British rule, India opened the first national railway line from Madras and they also launched the first passenger railway line in Bombay. A major impact in technology that Indians adopted was the telegraph line and the postal service. Despite the major changes in law, culture, economics India truly grew in technology during British
At the same time, both empires continued to develop agriculture through well developed irrigation systems and irrigation canals. The British Empire changed the Indian Economy in a way that made the Indians more dependent than they were under the Mughal Empire. The Mughal Empire sold Indian cottons for European coin.
This was a given because I would never see why you would be so close with the people that are taking away your home, resources, and maybe your life. The Indians did not do much to stop them leading into why both the English and Spanish managed to achieve / conquer so much of their domain. Tobacco production and trading within colonies played a huge in the world’s economy (helped them tremendously). Both groupings took the new world as an opportunity to save themselves from the hardship they were going through back at their origins. The “Indian’s” belongings assisted them to thrive in many ways, we can only
Even though the Dutch and the Portuguese first saw it as a great trading post, the French and the British saw this as an opportunity to expand their land and a great economic opportunity with the trade of raw materials and new consumers. By 1767, after the French were defeated, the British begun to colonize all of India through direct and indirect colonialism. The East India Company controlled the country since 1600. As it gradually extended their power it had no choice but to make deals with local princes in areas to make trade profitable. These concessions are a great example for indirect rule.
It was inevitable that the administration of the English East India Company's territories in India would have to be re-organized. Meanwhile the industrial revolution had resulted in a fiercely competitive market in the western world, and hence many European countries had colonized other nations in order to obtain their resources at a low cost. Britains interest in India began picking up substantially and by around 1850, there was a substantial amount of British money invested in India. Hence the need to maintain control over India was imperative from the British point of view. Eventually by an act of parliament in 1858, the administration of India was passed over from the English East India Company to the British
Famous Brands had made a decision according to how Wakaberry would affect their business chain that they have built up over the years. However, with a big company like Famous Brands it is important that all businesses under their brand are achieving great results with excellent performance. Wakaberry had only become a known brand when it had fallen under Famous Brands. This was and ethical and professional decision made by Famous Brands as they need to be sure that the business’s under them are able to grow at the pace that is best for Famous Brands to earn as much profit as possible. The ethical theory I would’ve chosen that Famous Brands follows is the utilitarian based theory as such a large company needs to make calculated decisions when having so many businesses under them making sure each business is growing successfully so that they therefore receive a higher profit.
Immigration is an attribute of economic and social life throughout many nations, but the portrayal of immigrant residents pretty much varies. Disregarding its origin, immigration has significant effects on our communities, and these can be arguable. The economic influence of immigration is not an exception. Moreover, the United States of America take a leading position as the world’s main destination for immigrants. It is first necessary to explain that immigration enhances the U.S. economy, improves labor productivity, incentives innovation, assists consumers by maintaining low prices, and refines US culture and society.
Before they enter markets in third world countries, western multinationals have to obey and follow their home countries’ enterprise law, international commercial laws and host countries’ laws, such as Code of Conduct on Transnational Corporations and Global agreement, it means that they appear legally, and they are within the establishment and development of supervisory and legal framework. In comparison, there is no doubt that violations happen in developing countries, more often than not the reason might be the dereliction of duty by local governments. Taking China as an example, China is famous for ‘’world factory’’ and “sweat factory” not only because there is a large number of cheap labour, but also for their imperfect labor laws. According to The Wall Street journal news(reference? ), the world per capita salary per hour the world first is Germany, about $30; The second, about $22(which country?).