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Words: | Submitted: Thu Sep 18 2003
... and Napoleon I. The revolutions paralysed France's economy significantly, its attempts to do so like assignats were proved futile. By the time Napoleon I had done with banking and economic reforms, France was already quite behind Britain. [and in some ways Napoleon's economic view was old-style] The way both countries pursued their agricultural reforms is vital to the upstart to the Industrial revolution, for it'll help in the development of industrial cities and eventually trade. In Britain, new reforms, technologically and economically was the introduction of ideas like crop rotation, the seed drill and enclosures. Crop rotation enabled an increase in food supply throughout the year, improved diet and crops, enabling an increasing population or rather labour. Enclosures enabled freedom of what to 'produce' (in the economist's view) or to grow freely, encouraging productivity in the farms. This gives rise to today's market economy [already in existence in Britain, another advantage], ...
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