Cambridge European Economic History (Volume 7) Industrial Economy: Capital, Labor, and Enterprise (Lower Volume) The United States, Japan, and Russia

Author: (British) Postan
Publisher:
Publish Date: 2004-12-01
Features: What is meant by economic history is simply the history of economic development and economic growth, the economic aspect of historical evolution, and the sum of economic activities in a certain historical period. However, as an marginal discipline and foundational subject within the field of economic science, economic history is also the discipline that studies the specific processes and special laws of economic activities and economic relations in various historical periods, different countries or regions. It not only provides a basis for summarizing historical experience and predicting future trends in socio-economic development but also offers a historical context for studying economic thoughts, theories, and policies formed in different historical periods. Without the in-depth study and development of economic history, the research on economic theory would lose its main direction. The scope of the Cambridge Economic History of Europe explored and covered is not limited to Europe but encompasses the modern economic development processes of various regions around the world, including the United States, Latin America, Australia, East Asian countries, and Russia, making it, in fact, a history of the world economy. This volume primarily analyzes the internal factors of modern industrial economic growth, such as the supply of capital, labor, and entrepreneurial resources, and is mainly conducted on a national basis, including the United Kingdom, France, Germany, the Scandinavian countries, the United States, Japan, and Russia. The Cambridge Economic History of Europe is divided into three parts. The first three volumes constitute the first part, primarily exploring the transition of the European economy from the Middle Ages to the modern era, examining what factors determined why Europe, rather than other regions, was the first to complete the transformation from an agrarian society to an industrial society, and analyzing the changes that occurred in different economic sectors during this transition. The fourth and fifth volumes form the second part of the book, with a focus on the overall expansion during the 16th and 17th centuries and the Industrial Revolution in Europe. The third part consists of volumes six, seven, and eight, primarily studying and analyzing the history of economic development in Western countries, including the United States and Japan, since the Industrial Revolution.