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Essay / Research Paper Abstract
Trade and finance contributed to the rise of Great Britain as the centre of the international economy of the 19th and early 20th centuries. Aided chiefly by its Royal Navy and colonisation, as the United Kingdom, Great Britain became a global business based in world trade.
The advantage of trade to economy is the ability of a product or service to reach a market in return for profit. The profit, or investment, then can be used to extend the reach of the trade by importing, and so on. The more markets a commodity or service reaches, the greater the viability of a business, or in the instant case, a country. Bibliography lists 10 sources. jvUKbus.rtf
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8 pages (~225 words per page)
File: D0_jvUKbus.rtf
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Unformatted sample text from the term paper:
Aided chiefly by its Royal Navy and colonisation, as the United Kingdom, Great Britain became a global business based in world trade. The
advantage of trade to economy is the ability of a product or service to reach a market in return for profit. The profit, or investment, then can be used to
extend the reach of the trade by importing, and so on. The more markets a commodity or service reaches, the greater the viability of a business, or in the instant
case, a country. Trade Capitalism was foreshadowed as early as 1789 when France broke
with medievalism and legislated the formal abolition of feudalism. With the Declaration of the Rights of Man and the Citizen at the end of the French Revolution, peasants were liberated
from their enslavement and over the next century, individuals banded together to form constitutional governments that, in turn, formed nations. This great upheaval brought about large economic entities based in
capitalism that brought wealth to countries like Germany, Britain, and the United States. The student may want to sate here that by
the late 19th and early 20th century, these countries had amassed a great deal of wealth through technology. Not only were factories mechanized, there were planes, boats, trains and cars
to transport goods within their own lands, and with other countries. Trade occurred because Great Britain had established trade routes around the world; it opened up the world to trade,
giving the nations who traded competitive advantage in the world. Eventually, these national markets would begin competing in each others markets and also sharing production until it reached the fervor
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