Tag: Trade

The New Economic Policy (1921-1928) Explained

The New Economic Policy was a Soviet economic reform that allowed limited capitalism to revive the economy after the Russian Civil War.

The Opium Wars in China Explained

The Opium Wars in China were a series of conflicts between China and Western powers over the opium trade, resulting in China’s defeat and significant territorial and economic concessions.

The Transcontinental Railroad completion (1869) Explained

The completion of the Transcontinental Railroad in 1869 connected the east and west coasts of the United States, revolutionizing transportation and communication in the country.

The East India Company Explained

The East India Company was a powerful British trading company that played a significant role in the colonization and exploitation of India during the 17th and 18th centuries.

Opium Wars Explained

The Opium Wars were a series of conflicts between China and Western powers in the 19th century over the opium trade, resulting in China’s defeat and the imposition of unequal treaties.

An Inquiry into the Nature and Causes of the Wealth of Nations Summary

‘An Inquiry into the Nature and Causes of the Wealth of Nations’ by Adam Smith explores the principles of economics and the factors that contribute to a nation’s prosperity.

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