The historical process of commercialization in British society

Author: Zhang Weiliang
Publisher:
Publish Date: 2004-08-01
Features: The period from 1500 to 1750 was the pre-industrial era in British social development. British society completed its transformation from a commercial society to an industrial society during this time, first sounding the world's industrialization horn and becoming the "world's factory." Through the description and analysis of specific manifestations of commercialization during this period, such as the improvement of the British transportation network, the adjustment of market structures, the expansion of overseas markets, the development of the land market, the specialization of agricultural economies, the commercialization of rural industries, the emergence of new cities, the strengthening of mercantilist policies, the growth of merchant wealth, and the acceleration of capital accumulation, the author of this book presents readers with a historical panorama of British society's transition from commercialization to industrialization. The British commercialization path from 1500 to 1750 provides a lesson for developing countries, especially those like China that are currently undergoing a transformation, in achieving economic modernization.