Term
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Definition
-Glorious Revolution
-Enclosure Acts
-encouraged Agricultural Revolution
Tull, Townsend, et al
-food production went up
-rural unemployment also went up -> labor moves to urban areas
-theory of W. W. Rostrow in The Stages of Economic Growth |
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Term
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Definition
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Term
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Definition
-skilled workers
-entrepreneurs
-inventors
-unskilled workers |
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Term
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Definition
-wood shortage
-discovery coal deposits
-iron ore
-good harbors
-natural waterways |
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Term
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Definition
-stable constitutional monarchy
-fair and light taxes (nobles paid too)
-sound money system(Bank of England 1694)
-competent administration in unified country
-sound legal system |
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Term
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Definition
-island, insulated against rev changes and wars on continent
-colonial experiences -> expertise in trading and joint-stock companies
-govt pro science - Royal Academy in 1660
-Patent Laws |
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