National transportation and communications networks were established. There was also an enormous influx of European immigrants due to the wage difference in America. The success of the Gilded Age was mainly due to the wealthy upper class citizens. Many new businesses and corporations benefited the richer population verses the poor. The Gilded Age was one of the most important eras of the American country that pave the way for new social and economical changes of the country.
The Dutch occupation lead to numerous of flourished trade routes with neighboring countries like China and India. In 1830, Johannes van den Bosh made the Indies spend their way for exploitation of resources. Indonesia’s abundance of natural resources such as sugar, tee, palm, coffee and spices made it the hub of trade for Southeast Asia. The Dutch induced the culutuurstelsel and forced plantation in Indonesia which eventually made Java a Dutch plantation (Suratno par.8). The revenue and profit continually increase during the 19th century.
In the 19th century imperialism was an important part of building European empires. The four major motives for imperialism are economic, strategic, religious and political. These motives helped great empires expand their territory and brought new cultures and languages to both the colonised countries and the countries colonising them. European countries such as Britain and France would use their colonies in Africa for economic gain. They would be able to exploit the country’s natural resources and bring them back to the “mother country” to sell and use.
Moreover rural areas became urban and industrialized following advances in agriculture, industry and shipping . British economy has been dominate by agriculture system for the centuries . At 18th century new farming systems was created that produced larger quantities for example food that can feed larger population. Great political and economic give many advantages to the British in 19th century. Despite the phenomenon of urban and industrial ,agriculture remain as the main source as supporting and supporter in industry.
So, why did Britain choose to make Africa and Australia colonies, but India a protectorate? Because India had something that Britain didn’t, abundant wealth and trade which Britain couldn’t wait to get its hands on. India was a wealthy country with a booming economy,
The East India Company’s interest in Indian trade promoted their desire to colonize different economically advanced regions of India. India and other regions of southwestern Asia were originally under control of the Mughal Empire, and by the early 1600’s the empire had developed military dominance, wealth, and an abundance of Indian artisans. The empire’s artisans were yearned for all over the world for their ability to produce large amounts of high quality products. Anything the British produced was overshadowed by the Mughal empire’s artisans and this fact sparked Britain’s interest in Indian trade. In the early 17th century, members belonging to the East India Company traveled for the first time to the Mughal Court to negotiate trading relations with the empire (Major).
The general agreement in the historical society on the consumer revolution in the eighteenth century is that it was born from the population increase. Most historians argue that increased consumption of goods and materials was in response to new demands rising from the increasing population of most European countries throughout the century. Hufton is one of the historians that draws a parallel between the buying, selling and manufacturing of luxury goods and the population growth experience in Europe. Hufton argues that the agricultural demands in the 1700s gave birth to new wealth, consumer expenditure, the demand for luxury clothing and a high demand of basic commodities. This demand for basic needs contribute to the rise of textile
Topic: The impact of the Atlantic Trade System on the birth of capitalism. Thesis Statement: The Atlantic Slave Trade played a significant role in the birth and development of capitalism in a positive way in Western World. Slaves sold as a property for profit and these profits contributed to the growth of modern finance and also slave labor in the plantation for Atlantic trade contributed to the development of capitalism in a way that it enabled more production and stimulated the economy of time. 1ST MAIN IDEA: Growth of the slave plantation gave rise to increase in labor and contributed to growing more fertile and abundant product. So, profits from plantations provided economic development and industrialization such as the increasing of the general prosperity.
6 Great Reasons to Visit Portugal Portugal is a country with an amazing mix of the old and the new world. Being the westernmost part of the European mainland, it has figured in countless wars and was even the first to establish a global empire. Portuguese explorers were able to establish colonies to as far as Brazil and Canada and have even monopolized the spice trade during the Age of Discovery between the 15th and 16th century. In the modern world, Portugal is highly developed with an advanced economy. So whatever your reasons for travel may be, Portugal is sure to captivate you with its rich history and wonders of its modern world.
The East Indies Company became very profitable for the Dutch Republic during the seventeenth century. In the early years of the running of the East Indies Company the primary goal was to control the spice trade with Europe, and to acquire Portugal’s trading network. The company had great success with combining force and trading skills, and they became the chief supplier of spices to Europe within half a