StudentShare solutions
Triangle menu

The Making of The Modern World Economy - Coursework Example

Nobody downloaded yet

Extract of sample
The Making of The Modern World Economy

Commerce was revived with the expansion of specialization between its countryside’s and towns. Commerce and trade sprung in most parts of Western Europe especially in Venice and the Northern cities. During the time of exploration, the navigators discovered new paths to explore Asia and America. Commerce grew in these nations due to the establishment of financial companies and the merging of companies (Pomeranz, 2011).
There was also the difference in coal availability between China and Europe. China had plenty of coal deposits which made it a huge potential to the West. During the industrial period, coke and coal were frequently used in the transportation. Coal was used to fire steam engines which turned out to be both cheaper and efficient in terms of use, as compared to charcoal. Even though China had used coal during the Ming and Song period, China later abandoned its use due to the Chinese industry shifting to the South. The shift caused the deposits to be far away due to the destructions of Jurchen and Mongol. The technological advancements made Europe to succeed in agriculture, trading, fuel and other resources (Pomeranz, 2011).
Labor migration from the Chinese led to improved Agricultural systems in Europe. Most of the European land was idle and underdevelopment as compared with the Asian counterparts. Instead of Europe engaging in the expensive improvement of soil fertility, it embarked on the labor productivity. However due to the increased migration of people to the European nations, it caused food shortages. The problem was easily counteracted through the importation of fertilizers and appetite suppressants foods from America (Pomeranz, 2011).
Europe’s success can also be contributed by aggressive persuasion of the imperialist and the mercantilist policies through which Europe used the military and protective methods to safeguard its industrialists based in China. The rise of Europe can ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Making of The Modern World Economy Coursework”, n.d.)
Retrieved from https://studentshare.net/social-science/747787-the-making-of-the-modern-world-economy
(The Making of The Modern World Economy Coursework)
https://studentshare.net/social-science/747787-the-making-of-the-modern-world-economy.
“The Making of The Modern World Economy Coursework”, n.d. https://studentshare.net/social-science/747787-the-making-of-the-modern-world-economy.
  • Cited: 0 times

Summary

During the 19th century Western Europe ended up being the wealthiest and most powerful nation leading to the term Great Divergence; thanks to the support from the New World and the East nations. Before it was termed the European Miracle, the core developed nations included the…
Save Your Time for More Important Things
Let us write or edit the coursework on your topic
"The Making of The Modern World Economy"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Organisational Behaviour (Motivation in the Modern Business World)
It is fair to assume that every organisation wants to have committed employees. Table of contents Topic Page No. 1. Introduction 4 2. Motivation in organisational behaviour and its definition 4 2.1 Types of motivation 5 2.2 Theories of motivation 6 3. Theoretical Implications of motivation for management 9 3.1 Motivation and performance: 10 3.2 Motivation and commitment 11 3.3 Motivation and organisational performance 13 4.
16 pages (4000 words) Coursework
Discuss the Impact of International trade or Inward FDI on economic growth or development in an Emerging Economy
Keeping record of statistical data regarding FDI is a must for making policies and analyzing economies. The need for comparable, comprehensive and updated data on FDI is increasing as it is assumed to be an important factor for the internationalization of various economic activities.
10 pages (2500 words) Coursework
Modern innovation applications (Sony)
What we, unscientifically, call economic progress means essentially putting productive resources to uses hitherto untried in practice, and withdrawing them from the uses they have served so far. This is what we call 'innovation.".Innovation is a premise prevailing in modern business with different concepts and labels.
24 pages (6000 words) Coursework
Economy of Finland
This led to the beginning of Russian influence upon the area. Until this time, the ties between Finland and the Soviet were close and well forged. Following the incorporation of the area into Finland, the Finnish greatly resisted such influences and chose to keep its own literature, art and other such areas, including religious affiliations, alive.
36 pages (9000 words) Coursework
Knowledge Management in Modern Photocopier Organization
All the difference to the bottom line of this organization stemmed from one person's out of the box thinking. These thoughts lead to practical application of the very nascent knowledge management practices whose results are apparent and visible in a very short span of two years and had global spin-offs.
30 pages (7500 words) Coursework
Modern Retail Architecture
Certainly, having a background in cognitive psychology supports the practice of information architecture, and it is precisely those interconnections and support that will be explored." (Withrow, Jason, Cognitive Psychology and AI: From Theory to Practice, 08/11/2003, http://www.boxesandarrows.com/view/cognitive_ psychology_ia_from_theory_to_ practice)
32 pages (8000 words) Coursework
Genghis Khan and the Making of the Modern World
The book is set in the time of old China when Mongolia was a feared force active in the subcontinent. He book has an anthropological and biographical account of the Mongolian leader Genghis Khan and is also largely based on sources of traditional Chinese literature, Islamic literature and literature in the history of the subcontinent.
4 pages (1000 words) Book Report/Review
The Modern World Economy
The infant industry argument claims that in certain circumstances government support for an industry may be justified on a temporary basis. The gist of the argument is that the present protection cost is accepted for the sake of future benefits where the infant will experience productivity growth and could compete in the domestic and world market.
8 pages (2000 words) Essay
Management Decision-Making: A Systems Approach (MDM)
In the days before the industrial revolution, societies were more isolated in nature and when work was more manual than mechanized, most organizations were small and easily managed with coercion
20 pages (5000 words) Coursework
Organisational Behaviour (Motivation in the Modern Business World)
It is fair to assume that every organisation wants to have This report explores the role of motivation on organizational behaviour. This is accomplished
16 pages (4000 words) Coursework
Comments (0)
Click to create a comment
Let us find you another Coursework on topic The Making of The Modern World Economy for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us