According to an article in the Economist, historian David Faure has argued that the Chinese economy failed
Question:
According to an article in the Economist, historian David Faure has argued that the Chinese economy failed to grow rapidly during the nineteenth century because "family-run companies ... could not raise sufficient capital to exploit the large-scale opportunities tied to the rise of the steam engine, notably railways and (with limited exceptions) global shipping and automated manufacturing." How did the United States solve the problem of firms raising enough funds to operate railroads and other large-scale businesses?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Early in the nineteenth century state legislatures in the United States began passing ...View the full answer
Answered By
Benish Ahmad
I'm a professional software engineer. I'm lectutrer at GCUF and I have 3 years of teaching experience. I'm looking forward to getting mostly computer science work including:
Programming fundamentals
Object oriented programming
Data structures
object oriented design and analysis
Database system
Computer networks
Discrete mathematics
Web application
I am expert in different computer languages such as C++, java, JavaScript, Sql, CSS, Python and C#. I'm also have excellent knowledge of essay writing and research. I have worked in other Freelancing website such as Fiverr and Upwork. Now I have finally decided to join the SolutionInn platform to continue with my explicit work of helping dear clients and students to achieve their academic dreams. I deliver plagiarism free work and exceptional projects on time. I am capable of working under high pressure.