India and Britain's Industrialization
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The paper discusses how Britain's industrial development during the 18th and 19th century would not have occurred, or would have been much curtailed, without Britain's colonial empire and particularly that of India. The paper explains that the presence of the India colony market acted in the same way that international and global markets extend trade and commercial relationships across the globe today. The paper shows how the British Empire, therefore, was more than a colonial force but an economic model that foreshadowed the rise and influence of globalization.
From the Paper:"British industrialization is an important and much debated subject today given many of the similarities between the effect it had on the economic, financial, and social constructs of the time and the current impact of globalization spearheaded by technology on these same dimensions. Understanding the core components of how Britain's colonial expansion inspired or led to its mercantilism is critical to examining the current spread of globalization and how markets are integrating diverse markets within the structure of a single economic paradigm. The relationship between colonization and British industrialization is very similar to the relationship between globalization and the information and technology revolution within the contemporary economy."
Sample of Sources Used:
- Albertini, Rudolf von, and Albert Wirz. 1982. European Colonial Rule, 1880-1940: The Impact of the West on India, Southeast Asia, and Africa. trans. Williamson, John G. Westport, CT: Greenwood Press.
- Berger, Mark T. "Review Essay: from Commerce to Conquest: the Dynamics of British Mercantile Imperialism in Eighteenth-Century Bengal, and the Foundation of the British Indian Empire." Bulletin of Concerned Asian Scholars 22.1(199): 44-62.
- Carrington, Charles. Exploits of a Nation of Shopkeepers Exploits of a Nation of Shopkeepers. Cambridge, England: University Press; 1950.
- Ingram, Jason. "Hegemony and Globalism: Kenneth Burke and Paradoxes of Representation." Communication Studies 53.1(2002): 4+.
- Mokyr, Joel, ed. An Economic Perspective An Economic Perspective. 2nd ed. Boulder, CO: Westview Press; 1999.
Cite this Term Paper:
India and Britain's Industrialization (2008, March 31) Retrieved July 04, 2022, from https://www.academon.com/term-paper/india-and-britain-industrialization-102681/
"India and Britain's Industrialization" 31 March 2008. Web. 04 July. 2022. <https://www.academon.com/term-paper/india-and-britain-industrialization-102681/>