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5 days ago · What emerged in 18th-century Britain, after the Glorious Revolution, was a balance. Parliament limited the power of the crown, and the aristocracy were enjoined to observe the rule of law. This constitutional balance protected the productive economy from arbitrary rent-seeking, which in turn increased the tax-base.
4 days ago · By the 17th century, England's growing dominance in a European world economy also brought an increasing range of new foodstuffs. If many of these were to be reserved for the tables of the rich, contemporary commentators were struck by the sight of ordinary Londoners munching oranges in the capital's streets.
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2 days ago · Thirteen Colonies. The Thirteen Colonies were a group of British colonies on the Atlantic coast of North America during the 17th and 18th centuries. Grievances against the imperial government led the 13 colonies to begin uniting in 1774, and expelling British officials by 1775.
- Colonies
- Various colonial arrangements
4 days ago · However, by the end of British rule, India's economy represented a much smaller proportion of global GDP. In 1820, India's GDP was 16% of the global GDP. By 1870, it had fallen to 12%, and by 1947 to 4%. The Republic of India, founded in 1947, adopted central planning for most of its independent history, with extensive public ownership ...
4 days ago · Great Divergence. Maddison's estimates of GDP per capita at purchasing power parity in 1990 international dollars for selected European and Asian nations between 1500 and 1950, [1] showing the explosive growth of Western Europe and Japan in the 19th century. The Great Divergence or European miracle is the socioeconomic shift in which the ...
1 hour ago · The crisis of music publishing went hand in hand with the seventeenth-century economic recession also because of its technological obsolescence: the Italian techniques for producing printed musical characters [were] in the seventeenth century outdated, and with the rising prices of wood, paper and lead, the production costs of musical ...
5 days ago · The details of the tax are discussed in London Inhabitants within the Walls, 1695, ed. David Glass, (London Record Society, ii. 1966), 'Introduction'; Tom Arkell, 'An examination of the Poll taxes of the later seventeenth century, the Marriage Duty act and Gregory King', in Kevin Schürer and Tom Arkell, Surveying the People (Oxford, 1992), pp ...
