Although Russia had rich deposits of iron and coal but Industrial Revolution reached Russia very late because it did not have a good currency system, […]

Japan was the first Asian country where industrialization took place. The Meiji era (1868-1912) may be regarded as the epoch making in the history of […]

UNITED STATE OF AMERICA The USA moved towards industrialization after independence from Britain in 1783. Samuel Slater is known as the “Father of the American […]

England became the richest country in the world controlling huge trade and capital. Technological advancements in the health sector increased the life expectancy of people […]

Presence of Financial Institution and Capital Availability: England had earned a large amount of capital from growing trade which enabled them to make large outlays […]

According to some scholars, the conversion of mercantilist policy into Laissez Faire proved an important factor. But according to other scholars, the colonization of Asia, […]

INTRODUCTION The development of modern Europe between the 1780s and 1849 was an unprecedented economic transformation that embraced the first stages of the great Industrial […]

first step taken by the British Government to control and regulate the affairs of the East India Company in India (laid the foundations of central […]

 To rectify the defects of the Regulating Act of 1773, the British Parliament passed the Amending Act of 1781, also known as the Act of […]

Indian affairs came under direct control of the British Government in Britain. Distinguished between the commercial and political functions of the Company. Allowed the Court […]