[pic] THE NETWORK ECONOMY The Network Economy The history of economics of the Industrial Revolution since its beginnings is based on growth. Growth of people meant more customers and growth of production‚ which lead to growth in profits. This so-called “old” or traditional economy was based on bulk production‚ demanding large quantity of resources and limited know-how. The traditional economy‚ according to Alfred Marshall was based on diminishing returns. According to him producers
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Early English colonies in America hardly resembled the union of men and women that would later fight against England and build a new country. In fact‚ until the mid-eighteenth century‚ most English colonists had very little‚ if anything to do with the settlers in neighboring colonies. They heard news of Indian wars and other noteworthy events‚ not from the colony itself‚ but from England. The colonies in the New World appeared completely different and the prospect of any unity between them seemed
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Bay and New England ColoniesThere are many key differences that distinguish the inhabitants of the New England colonies from those of the Chesapeake Bay colonies. These dissimilarities include but are not limited to the differences between the social structure‚ family life‚ forms of government‚ religion‚ and the lives of indentured servants and children in the two colonies. The social structure and family life of the two colonies varied greatly. The inhabitants of the Chesapeake Bay colonies were never
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explorers and settlers to America. The two most eminent countries that colonized area of America were Spain and Great Britain. Britain began to establish colonies in the northeast; in the area they called New England. The Spanish interest lied in the southwest. Living in two unassociated areas caused the Spanish settlements and the New England colonies to be quite unlike each other. When faced with the task of finding similarities between the two‚ not much can be found. It is the differences that stand
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The Colonies by 1763-A New Society? Between the settlement at Jamestown in 1607 and the Treaty of Paris in 1763‚ the most important change that occurred in the colonies was the extension of British ideals far beyond the practice in England itself. The thirteen colonies throughout time all established themselves and soon developed their own identities. Colonies in different areas were known for different things and no one colony was like the other. These people began to see them selves as Carolinians
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orientation of the New England and Southern colonies‚ and its impact on general value systems. Fundamental religious orientation in Europe was primarily and predominately the Roman Catholic Church‚ until a German Roman Catholic monk‚ Martin Luther‚ nailed his written‚ 95 Theses on the door of the castle church in Willenberg Germany‚ in 1517. This began the Protestant Reformation. Another Protestant Church break-away from the Roman Catholic Church began when King Henry VIII of England persuaded the Parliament
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Thirteen Colonies The thirteen colonies were divided into three regions: the Southern colonies‚ the Middle colonies‚ and the New England colonies. Each region can be characterized based on its geography‚ climate‚ economy and culture. These qualities may also be used to compare and contrast regions. One quality used to characterize the colony regions is its geography and climate. Both the Southern and Middle colonies have fertile soil and long growing seasons‚ while the New England colonies have very
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Compare and Contrast of the Northern and Southern Colonies The 1700s was a time when everything was new‚ new country‚ unseen land‚ and more resources. The colonists were still trying to discover all the new and exciting things in this new world‚ and still live under the king’s rule. The colonies were working hard to support England and themselves in this time; so the north and south spent most of its time figuring out ways to survive. The north and south had two very different methods of earning
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took religious very seriously. The American’s were not active communicants. One in fifteen people that was in the southern colonies was a member of the church. In the eighteenth century‚ a church became official. The religious belief and practice in the eighteenth century‚ it was not as demanding as in Puritan‚ New England and Quaker‚ Pennsylvania. The colonial Anglicans from England‚ was a lot more rational‚ formal and conservative with their modes of worship. The Anglicans did not make the members
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and New England colonies originated from England to alleviate their past oppressions. However‚ Chesapeake’s economy and societal structures deviate from the New England colony due to varied skill sets of settlers and their diverse motives. Although they bear some minor similarities between the two‚ the Chesapeake and the New England colonies have very profound differences. The Chesapeake colony and the New England colony both migrated from England due to oppression. The Chesapeake colony consisted
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