A brief history of Economic development - The Industrial revolution begins in England
3 important questions on A brief history of Economic development - The Industrial revolution begins in England
What was needed for the shift from rural to urban? (2)
- Complex economic interactions
What was necessary for a world supply system? (5)
- Markets
- Insurance
- Finance
- Property rights
What happened between 1600-1700?
- Scientific revolution (1500-1600): Isaac newton, invention of the steam engine, factories with massive coal burning + new forms of transport.
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