0
How did economics play a role in European colonies in the 19th century?
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Trace the historical development of economics from 19th century till date?
d dvg
Alfred Marshal's greatest contribution to economics was?
His textbook, Principles of Economics (1890), which combined many outstanding economic ideas in the late 19th century into a coherent whole.
What are economics?
Economics is the branch of social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Greek for oikos (h ouse) and nomos (custom or law), hence "rules of the house(hold) Modern Economics developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences The subject thus defined involves the study of choices as they are affected by incentives and resources.Areas of economics may be divided or classified into various types, including: * microeconomics and macroeconomics * positive economics ("what is") and normative economics ("what ought to be") * mainstream economics and heterodox economics * fields and broader categories within economics. source: www.en.wikipedia.org
What was the average wage in the 19th century?
in the late 19th century a farm labourer would be getting about 1 pound per week in the mid 19th century a bit less than that an officer, say Captain, in the British Army in 1830 was paid around 7 pounds a week
What was the most important economic development in the 19th century?
The creation of Factories
What was the European attitude toward colonies in the late 19th century?
B
What was an affect of nationalism on European colonies in the 19th century?
Colonies began fighting to overthrow colonial control over their governments
The primary usefulness of the colonies acquired by European nations during the 19th century was to provide these nations with?
sources of raw materials and markets :)
What event led European countries to seek natural resources in colonies around the world during the 19th century?
The Industrial Revolution
Why was colonialism or the building of empires so important to European nations in the late 19th and early 20th century?
Colonies provided raw materials.
How did the inventions of machine guns influence European states in the 19th century?
It allowed them to more easily conquer and control colonies in Africa and Asia.
How did the invention of machine guns influenced European states in the 19th century?
It allowed them to more easily conquer and control colonies in Africa and Asia.
Which of theses events led European countries to seek natural resources in colonies around the world during the 19th century?
The Industrial Revolution
How did the invention of machine guns influence European states in the 19th century?
It allowed them to more easily conquer and control colonies in Africa and Asia.
The theory of social Darwinism was sometime used to justify?
european Imperialism in the late 19th century
What are the causes of the 19th century European imperialism?
The 19th century European imperialism was mainly caused by the desperate need of nations to secure their acquired territories and colonies. Also, they needed to strengthen their military forces to defend against possible invasion.
How did imperalism in the late 19th century differ From Earlier periods?
what were the reasons for european imperalism in the 19th century
