Economic History - 1st Edition - ISBN: 9780434984794, 9781483141527

Economic History

1st Edition

Made Simple

Authors: Bernard J. Smales
eBook ISBN: 9781483141527
Imprint: Made Simple
Published Date: 1st January 1975
Page Count: 288
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Description

Economic History: Made Simple traces Great Britain's economic history starting from about 1760 onwards. It also assesses the impact of technological change on people's lives. The book is organized into four sections covering different periods. Section I deals with emergence of the first industrial nation from 1760-1830. Section II focuses on the 1830-1914 period, when Britain was undergoing the transition from being a primarily agricultural and commercial economy into the first modern industrial state in the world. Section III discusses the 1914-39 period, which saw the First World War, followed by a boom lasting until 1920 and afterwards a depression of considerable duration. Section IV discusses Britain's economic and social development since 1939, covering topics such as the impact of the Second World War, and the post-war social, economic, and industrial policies. This book should be useful to any students of economics who wish to explore the realities of economic life in historical perspective. It will also provide sound background reference for more elementary studies as well as being of value to readers seeking a greater understanding of the world in which they live.

Table of Contents


Preface

Acknowledgments

Section One: The Emergence of the First Industrial Nation, 1760-1830

1 Introduction

What is Economic History?

The Concept of an Industrial Revolution

Rostow's Theory of Economic Growth

The Philosophical Rationale for Sustained Economic Growth

Suggested Further Reading

Exercises

Summary

2 The Prerequisites for Sustained Economic Growth

Favorable Background Conditions

Availability of Capital

Growth of Population

The Agrarian Revolution

Availability of Essential Raw Materials

Improvements in Transport

The Growth of Markets

Suggested Further Reading

Exercises

Summary

3 The Growth of Industry

The Influence of the State on Economic Development

The Pioneers of Industrialism

New Technology

Development of the Basic Industries

Suggested Further Reading

Exercises

Summary

4 War and the Industrial Revolution

The Post-War Distress

Suggested Further Reading

Exercises

Summary

5 The Human Results of the Industrial Revolution

Mobility of Labor

The Rise of the Industrial Town and the Growth of the Factory System

The Beginnings of Working-Class Organization

The Development of the Poor Law up to 1834

Standards of Living

Suggested Further Reading

Exercises

Summary

Section Two: Britain as the Workshop of the World, 1830-1914

6 Population Growth

The Population Cycle

Birth Rates

Death Rates

External Migration

Suggested Further Reading

Exercises

Summary

7 The Revolution in Transport

Railways

Shipping

Suggested Further Reading

Exercises

Summary

8 Agricultural Change

The Struggle for Repeal of the Corn Laws

The Period of High Farming

Depression and Decline

Suggested Further Reading

Exercises

Summary

9 The Rise to Industrial Maturity

Development of the Basic Industries

The Second Industrial Revolution

Changes in Business Organization

The Location of Industry

Suggested Further Reading

Exercises

Summary

10 The Development of Working-Class Organization

The Chartists

The Co-operative Movement

Trade Unions

The Rise of the Labor Party

Suggested Further Reading

Exercises

Summary

11 The Condition of the People

Public Health and Housing

Factory and Mining Reforms

Education

Suggested Further Reading

Exercises

Summary

12 The Poor Law

The Poor Law Amendment Act, 1834

The Working of the Poor Law, 1834-1909

The Break-Up of the Victorian Poor Law

Suggested Further Reading

Exercises

Summary

13 Commercial and Financial Developments

The Emergence of an International Economy

The Content and Direction of British Trade

British Trading Policy

Foreign Investment

The Development of Banking

Suggested Further Reading

Exercises

Summary

14 The Period Reviewed

Post-War Depression and the Railway Boom, 1815-47

The High Water Mark of Victorian Prosperity, 1847-73

The 'Great Depression', 1873-96

The End of an Era, 1896-1914

The Challenge to Britain's Economic Supremacy

Suggested Further Reading

Exercises

Summary

Section Three: War, Depression and Recovery. 1914-39

15 The Impact of War

War Finance

The Effects of War on British Industry

The Economic Consequences of the War

Post-War Boom and Slump

De-Control

Suggested Further Reading

Exercises

Summary

16 British Industry and Its Organization

Decline of the Staple Export Industries

Agriculture

The New and Growing Industries

The Changing Location of Industry

Business Organization

Labor Organization

Suggested Further Reading

Exercises

Summary

17 Transport, Commercial and Financial Developments

Railways and Road Motor Transport

The Content and Direction of British Trade

British Trading Policy

On and Off the Gold Standard

The Economic Blizzard, 1929-33

Recovery, 1931-9

Suggested Further Reading

Exercises

Summary

18 Social Conditions

Population Trends

Unemployment and Insurance

Housing

Education

Suggested Further Reading

Exercises

Summary

Section Four: Britain’s Economic and Social Development Since 1939

19 The Second World War and its Consequences

The War Economy

The Economic Consequences

The Social Consequences

International Preparations to Meet Post-War Difficulties

Suggested Further Reading

Exercises

Summary

20 Post-War Social Policy

Population Trends since 1945

The Setting up of the Post-War Welfare State

The Social Security System

Housing

Education

Health

Suggested Further Reading

Exercises

Summary

21 Post-War Economic Policy

Government Management of the Economy

Economic Planning

Britain and the European Economic Community

Suggested Further Reading

Exercises

Summary

22 Post-War Industrial Policy

Competition Policy

Regional Policy

Government Policies for Industry

Suggested Further Reading

Exercises

Summary

23 Post-War Industrial Developments

Nationalization

Progress of the Main Industries

Transport Developments

Development of Trade Unionism

Suggested Further Reading

Exercises

Summary

Index

Details

No. of pages:
288
Language:
English
Copyright:
© Made Simple 1975
Published:
Imprint:
Made Simple
eBook ISBN:
9781483141527

About the Author

Bernard J. Smales