Capitalism:merchant,industrial and triangular trade Essay Writing
- Country :
United Kingdom
What were the major features of (i) the period of ‘merchant capitalism’ (1500-1750) and (ii) the period of ‘industrial capitalism’ (1750-1875), and in what ways did the ‘triangular trade’ contribute to the transition from the one to the other?
Required Reading (compulsory for this question)
Capps, G. (2001) ‘1.1. The Expansion of Europe: Mercantile Trade 1500-1750’ (pp. 13-19) and ‘1.2. Industrial Capitalism and “Free Trade”: 1750-1875’ (pp. 20-27). In P. Panayiotopoulos and G. Capps (eds)
World Development:
: An Introduction Links to an external site
..
London: Pluto.
Williams, E. (1944/1994) Capitalism and Slavery. Chapel Hill: University of North Carolina Press. Chapter 3: ‘British Commerce and the Triangular Trade’, (pp. 51-84)
[Please note: if you are attempting this question, you should not simply reproduce the summary of the Williams chapter that was submitted for the EC4001 Early Low Stakes Assessment as part (or all) of your answer - to do so would be 'self-plagiarism' as defined by the University (see the links to the relevant guidance and regulations, below). Rather, you should aim to use your knowledge of the Williams chapter in a new way: by bringing it into conversation with the other required reading (Capps) to construct an answer that addresses what this particular question is asking you to do].
Instructions
You must state the word count at the top or bottom of the essay. The word limit is 2000 words plus or minus 10%, excluding your list of references/bibliography and any diagrams, figures, charts or tables.
You MUST use HARVARD STYLE of referencing in your essay and include a reference list at the end of your essay. The format that you should follow is set out in the ‘Harvard Referencing for Business and Economics Students’ guide, which can be accessed If you make use of any of the lecture slides, these should be referenced as follows: (i) for in-text citations, use (Capps 2022); and (ii) for your reference list, use this format: Capps, G. (2022) 'Adam Smith I: Contexts'. EC4002 Lecture Slides. Accessed from Canvas on 29 November 2022.
Your essay should be typed and submitted as a Microsoft Word (.doc or .docx) or Portable Document Format (.PDF) file only.
What to do:
Introduction
What were the major features of merchant capitalism
What were the major features of the industrial capitalism
In what ways
did the ‘triangular trade’ contribute to the transition from the merchant capitalism to the industrial capitalism
