Why England? Flashcards

1
Q

Where could the UK pull more raw materials and resources from?

A

Colonies that East- Asian countries didn’t have

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2
Q

Process of selective survival

A

Population growth and acreage cultivated grew more rapidly in China
In comparison the UK’s tighter Malthusian constraint forced more technological advancement to create growth

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3
Q

How does growth in output lead to gains to social classes?

A

gA = a.gr + b.gw + c.gs

However gains may not be shared equally among capitalists, workers and landlords

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4
Q

Where did the majority of gains from output go to?

A

Unskilled labour due to increased demand for jobs without skill or strength premiums

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5
Q

Why did Landowners gain least? (3)

A

Land demand for land derived from low demand for land based products

Low income elasticity for land based products
Increased efficiency= reduced land per calorie produced
Biofuels replaced by fossil fuels

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6
Q

Why Capitalist’s didn’t gain more? (3)

A

Lack of barriers
Lack of patents
High competition

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