historyNo Comments

Answer.

The English revolution played a great role in the development of capitalism in England. The effects of the revolution paved way for the rise of capitalism;-

1. Introduction of free trade; The new government pursued the laissez faire policy whereby it did not intervene in economic activities. The government allowed the domestic economy to operate fairly with few controls. The absence of government interference encouraged the investors to increase production thus leading to the industrial revolution.

2. Seizure of political power by the merchants; There was seizure of political power by the merchants; this was a fundamental change in Britain because before the revolution all political powers rested in the hands of the king. The merchants played a great role in abolishing feudalism and introduced capitalism.

3. Unification of England; The unification of England played a great role in the rise of capitalism. The coming together of Britain, Wales, Scotland and Ireland widened the market thus playing a crucial to support the industrial revolution consequently leading to the rise of capitalism.

4. Abolition of serfdom; The revolution contributed to the abolition of serfdom and absolutism, there was introduction of a constitution rights. The abolition of serfdom created free workers who were needed by capitalist industries thus leading to the rise of capitalism.

5. Control of the church; There was confiscation of church land and the church was separated from the state, this created room for the introduction of liberal capitalist ideas which supported the rise of capitalism.

6. Land consolidation; The revolution abolished feudal land tenure system and put land in the hands of the capitalists who carried out mechanized agriculture which paved way for the rise of the agrarian revolution. The agrarian revolution played a great role in the rise of capitalism.

Be the first to post a comment.

Add a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

error: Content is protected !!