late 18 c : french economic advantages napoleonic code. french communal law. free contracts open...

82

Upload: arron-rose

Post on 12-Jan-2016

226 views

Category:

Documents


2 download

TRANSCRIPT

Page 1: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 2: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Late 18c: French Economic Advantages

Late 18c: French Economic Advantages

Napoleonic Code.Napoleonic Code. French communal law.French communal law.

Free contractsFree contracts Open marketsOpen markets Uniform & clear commercial regulationsUniform & clear commercial regulations

Standards weights & measures.Standards weights & measures. Established technical schools.Established technical schools. The government encouraged & honored The government encouraged & honored

inventors & inventions.inventors & inventions. Bank of France Bank of France European model providing a European model providing a

reliable currency.reliable currency.

Page 3: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

French Economic Disadvantages

French Economic Disadvantages• Years of warYears of war

• Supported the American Revolution.Supported the American Revolution.• French Revolution.French Revolution.• Early 19c Early 19c Napoleonic Wars Napoleonic Wars

• Heavy debts.Heavy debts.• High unemployment High unemployment soldiers soldiers

returning from the battlefronts.returning from the battlefronts.• French businessmen were afraid to take French businessmen were afraid to take

risks.risks.

Page 4: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 5: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

That Nation of Shopkeepers!That Nation of Shopkeepers! -- Napoleon Bonaparte -- Napoleon Bonaparte

Page 6: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Enclosure Movement

The Enclosure Movement

Page 7: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

“Enclosed” Lands Today

“Enclosed” Lands Today

Page 8: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Mine & Forge [1840-1880]

Mine & Forge [1840-1880]• More powerful than water is coal.More powerful than water is coal.

• More powerful than wood is iron.More powerful than wood is iron.• Innovations make steel feasible.Innovations make steel feasible.• ““PuddlingPuddling”” [1820] – [1820] – ““pig iron.pig iron.””• ““Hot blastHot blast”” [1829] – cheaper, purer steel. [1829] – cheaper, purer steel.• Bessemer process [1856] – strong, flexible steel.Bessemer process [1856] – strong, flexible steel.

Page 9: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Coalfields & Industrial Areas

Coalfields & Industrial Areas

Page 10: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

18001800 1 ton of coal 50, 000 miners

18501850 30 tons 200, 000 miners

18801880 300 million tons 500, 000 miners

19141914 250 million tons 1, 200, 000 miners

Coal Mining in Britain:

1800-1914

Coal Mining in Britain:

1800-1914

Page 11: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Young Coal MinersYoung Coal Miners

Page 12: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 13: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Child Labor in the Mines

Child Labor in the Mines

Child Child ““hurriershurriers””

Page 14: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

British Pig Iron Production

British Pig Iron Production

Page 15: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Richard Arkwright:“Pioneer of the Factory

System”

Richard Arkwright:“Pioneer of the Factory

System”

The The ““Water FrameWater Frame””

Page 16: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Factory ProductionFactory Production• Concentrates production in oneConcentrates production in one

place [materials, labor].place [materials, labor].

• Located near sources of power Located near sources of power [rather than labor or markets].[rather than labor or markets].

• Requires a lot of capital Requires a lot of capital investmentinvestment[factory, machines, etc.] more[factory, machines, etc.] morethan skilled labor.than skilled labor.

) Only 10% of English industry in Only 10% of English industry in 1850.1850.

Page 17: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Textile FactoryWorkers in England

Textile FactoryWorkers in England

18131813 2400 looms 150, 000 workers

18331833 85, 000 looms 200, 000 workers

18501850 224, 000 looms >1 million workers

Page 18: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Factory SystemThe Factory System

× Rigid schedule.Rigid schedule.

× 12-14 hour day.12-14 hour day.

× Dangerous Dangerous conditions.conditions.

× Mind-numbing Mind-numbing monotony.monotony.

Page 19: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Textile Factory Workers in England

Textile Factory Workers in England

Page 20: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

British Coin Portraying a Factory, 1812

British Coin Portraying a Factory, 1812

Page 21: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Young “Bobbin-Doffers”Young “Bobbin-Doffers”

Page 22: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Jacquard’s LoomJacquard’s Loom

Page 23: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 24: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

John Kay’s “Flying Shuttle”

John Kay’s “Flying Shuttle”

Page 25: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Power LoomThe Power Loom

Page 26: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

James Watt’s Steam Engine

James Watt’s Steam Engine

Page 27: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Steam TractorSteam Tractor

Page 28: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Steam ShipSteam Ship

Page 29: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

An Early Steam LocomotiveAn Early Steam Locomotive

Page 30: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Later LocomotivesLater Locomotives

Page 31: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Impact of the Railroad

The Impact of the Railroad

Page 32: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 33: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

“The Great Land Serpent”

“The Great Land Serpent”

Page 34: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Crystal Palace Exhibition: 1851

Crystal Palace Exhibition: 1851

Exhibitions of the new industrial Exhibitions of the new industrial utopia.utopia.

Page 35: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Crystal Palace: Interior Exhibits

Crystal Palace: Interior Exhibits

Page 36: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Crystal Palace:British Ingenuity on

Display

Crystal Palace:British Ingenuity on

Display

Page 37: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Crystal Palace:American Pavilion

Crystal Palace:American Pavilion

Page 38: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Great Exhibition• London, 1851 – world’s first industrial fair• Crystal Palace

– 6 million visitors in 6 months– Human domination over nature

• Prince Albert, “ man is approaching a more complete fulfillment of that great and sacred mission which he has to perform in this world…to conquer nature to his use…we are accomplishing the will of the great and blessed God.”

– Britain = “workshop, banker, and trader of the world”

Page 39: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Inventions of the 19Inventions of the 19thth century century• Battery

• Gas lighting

• steam-powered locomotive

• tin can

• Photography

• stethoscope

• Cement

• electromagnet

• matches

• typewriter

• sewing machine

• ice machine

• mechanical calculator

• Revolver• telegraph• postage stamp• Morse code• Rubber vulcanization• bicycle• hydrogen fuel cell• blueprints• stapler• antiseptics• pasteurisation• internal combustion engine• Plastic• Machine gun

• dynamite• telephone• First moving pictures• phonograph• Light bulb• metal detector• mechanical cash

register• dishwasher• radar• contact lenses• escalator• zipper• vacuum cleaner

Page 40: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 41: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

19c Bourgeoisie: The Industrial Nouveau

Riche

19c Bourgeoisie: The Industrial Nouveau

Riche

Page 42: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Criticism of the New Bourgeoisie

Criticism of the New Bourgeoisie

Page 43: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Stereotype of the Factory Owner

Stereotype of the Factory Owner

Page 44: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

“Upstairs”/“Downstairs” Life

“Upstairs”/“Downstairs” Life

Page 45: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 46: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Factory Wages in Lancashire, 1830

Factory Wages in Lancashire, 1830

Age of WorkerAge of Worker Male WagesMale Wages Female WagesFemale Wages

under 11under 11 2s 3d.2s 3d. 2s. 4d.2s. 4d.

11 - 1611 - 16 4s. 1d.4s. 1d. 4s. 3d.4s. 3d.

17 - 2117 - 21 10s. 2d.10s. 2d. 7s. 3d.7s. 3d.

22 - 2622 - 26 17s. 2d. 17s. 2d. 8s. 5d.8s. 5d.

27 - 3127 - 31 20s. 4d. 20s. 4d. 8s. 7d.8s. 7d.

32 - 3632 - 36 22s. 8d.22s. 8d. 8s. 9d.8s. 9d.

37 - 4137 - 41 21s. 7d.21s. 7d. 9s. 8d.9s. 8d.

42 - 4642 - 46 20s. 3d.20s. 3d. 9s. 3d.9s. 3d.

47 - 5147 - 51 16s. 7d.16s. 7d. 8s. 10d.8s. 10d.

52 - 5652 - 56 16s. 4d.16s. 4d. 8s. 4d.8s. 4d.

57 - 6157 - 61 13s. 6d.13s. 6d. 6s. 4d.6s. 4d.

Page 47: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Industrial Staffordshire

Industrial Staffordshire

Page 48: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Problems of PollutionProblems of Pollution

The Silent HighwaymanThe Silent Highwayman - 1858 - 1858

Page 49: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Peppered MothPeppered Moth

Page 50: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The New Industrial City

The New Industrial City

Page 51: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Early-19c London by Gustave Dore

Early-19c London by Gustave Dore

Page 52: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Worker Housing in Manchester

Worker Housing in Manchester

Page 53: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Factory Workers at Home

Factory Workers at Home

Page 54: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Workers Housing in Newcastle TodayWorkers Housing in Newcastle Today

Page 55: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Life of the New Urban Poor: A Dickensian

Nightmare!

The Life of the New Urban Poor: A Dickensian

Nightmare!

Page 56: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Private Charities: Soup Kitchens

Private Charities: Soup Kitchens

Page 57: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Private Charities: The “Lady Bountifuls”

Private Charities: The “Lady Bountifuls”

Page 58: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 59: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Luddites: 1811-1816

The Luddites: 1811-1816

Ned LuddNed Ludd [a mythical figure supposed to live [a mythical figure supposed to live in Sherwood Forest]in Sherwood Forest]

Attacks on the Attacks on the ““framesframes”” [power looms]. [power looms].

Page 60: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Luddite TriangleThe Luddite Triangle

Page 61: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

BritishBritishSoldiers Soldiers Fire on Fire on BritishBritish

Workers:Workers:

Let us die Let us die like men, like men,

and not be and not be sold like sold like slaves!slaves!

Peterloo Massacre, 1819Peterloo Massacre, 1819

Page 62: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The ChartistsThe Chartists

KeyKey

               ChartistChartistsettlementssettlements

                 Centres of Centres of ChartismChartism

           Area of plug riots, Area of plug riots, 18421842

Page 63: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The “Peoples’ Charter”

The “Peoples’ Charter”• Drafted in 1838 by Drafted in 1838 by William LovettWilliam Lovett..

• Radical campaign for Parliamentary reform Radical campaign for Parliamentary reform of the inequalities created by the Reform Bill of the inequalities created by the Reform Bill of 1832.of 1832.

× Votes for all men.Votes for all men.× Equal electoral districts.Equal electoral districts.× Abolition of the requirement that Members of Abolition of the requirement that Members of

Parliament [MPs] be property owners.Parliament [MPs] be property owners.× Payment for Members of Parliament.Payment for Members of Parliament.× Annual general elections.Annual general elections.× The secret ballot. The secret ballot.

Page 64: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The ChartistsThe Chartists

A physical force-Chartists A physical force-Chartists arming for the fight.arming for the fight.

A female ChartistA female Chartist

Page 65: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Anti-Corn Law League, 1845Anti-Corn Law League, 1845

• Give manufactures more outlets for Give manufactures more outlets for their products.their products.

• Expand employment.Expand employment.• Lower the price of bread.Lower the price of bread.• Make British agriculture more Make British agriculture more

efficient and productive.efficient and productive.• Expose trade and agriculture to Expose trade and agriculture to

foreign competition.foreign competition.• Promote international peace through Promote international peace through

trade contact.trade contact.

Page 66: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 67: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Thomas MalthusThomas Malthus× Population growth willPopulation growth will

outpace the food outpace the food supply.supply.

× War, disease, or famineWar, disease, or faminecould control could control population.population.

× The poor should have The poor should have less children.less children.

× Food supply will then Food supply will then keep up with keep up with population.population.

Page 68: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

David RicardoDavid Ricardo× ““Iron Law of Wages.Iron Law of Wages.””

× When wages are high,When wages are high,workers have moreworkers have morechildren.children.

× More children create aMore children create alarge labor surplus thatlarge labor surplus thatdepresses wages.depresses wages.

Page 69: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Utilitarians:Jeremy Bentham & John

Stuart Mill

The Utilitarians:Jeremy Bentham & John

Stuart Mill× The goal of society The goal of society is is the greatest good the greatest good for the greatest for the greatest number.number.

× There is a role to There is a role to play for government play for government

intervention to intervention to provide some social provide some social safety net.safety net.

Page 70: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Jeremy BenthamJeremy Bentham

Page 71: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Socialists: Utopians & Marxists The Socialists: Utopians & Marxists

× People as a society would operate and own thePeople as a society would operate and own themeans of production, not individuals.means of production, not individuals.

× Their goal was a society that benefited Their goal was a society that benefited everyone, not just a rich, well-connected few.everyone, not just a rich, well-connected few.

× Tried to build perfect communities [Tried to build perfect communities [utopiasutopias].].

Page 72: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Economic Difficulties• European farming suffers due to farming

outside of Europe BUT– Cost of consumer goods falls

• Several lg. banks fail SO– industrial stagnation in some areas BUT– standard of living keeps increasing

• Unemployment, strikes support growth of unions, labor and socialist parties

Page 73: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 74: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Government Response

Government Response• Abolition of slavery in the coloniesAbolition of slavery in the colonies

in 1832 [to raise wages in Britain].in 1832 [to raise wages in Britain].• Sadler Commission to look intoSadler Commission to look into

working conditionsworking conditions• Factory Act [1833] – child labourFactory Act [1833] – child labour

• New Poor Law [1834] – indoor relief.New Poor Law [1834] – indoor relief.• Poor houses.Poor houses.

• Reform Bill [1832] – broadens theReform Bill [1832] – broadens thevote for the cities.vote for the cities.

Page 75: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

British Reform Bill of 1832

British Reform Bill of 1832

Page 76: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

British Reform BillsBritish Reform Bills

Page 77: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations
Page 78: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

By 1850: Zones of Industrialization

on the European Continent

By 1850: Zones of Industrialization

on the European Continent• Northeast France.Northeast France.• Belgium.Belgium.• The Netherlands.The Netherlands.• Western German states.Western German states.• Northern ItalyNorthern Italy• East Germany East Germany Saxony Saxony

Page 79: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Industrialization By 1850Industrialization By 1850

Page 80: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Railroads on the ContinentRailroads on the Continent

Page 81: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

Share in World Manufacturing Output:

1750-1900

Share in World Manufacturing Output:

1750-1900

Page 82: Late 18 c : French Economic Advantages  Napoleonic Code.  French communal law.  Free contracts  Open markets  Uniform & clear commercial regulations

The Politics of IndustrializationThe Politics of

Industrialization• State ownership of some industries.State ownership of some industries.

• RRs RRs Belgium & most of Germany. Belgium & most of Germany.• Tariffs Tariffs British Corn Laws. British Corn Laws.• National Banks granted a monopoly on issuing bank National Banks granted a monopoly on issuing bank

notes.notes.• Bank of England.Bank of England.• Bank of France.Bank of France.

• Companies required to register with the government Companies required to register with the government & publish annual budgets.& publish annual budgets.

• New legislation to:New legislation to:• Establish limited liability.Establish limited liability.• Create rules for the formation of corporations.Create rules for the formation of corporations.

• Postal system.Postal system.• Free trade zones Free trade zones Ger. Ger. ZollvereinZollverein