I WANT EXPLANATION ABOUT RICH HARVESTS AND EMPTY COFFERS Related: E...
Due to the shortage in (a) winter rice harvested toward of 1942.1942-43, cyclones and floods reduced the Bengal rice crop.Thus the negative part of Amartya Sen's arguments.
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I WANT EXPLANATION ABOUT RICH HARVESTS AND EMPTY COFFERS Related: E...
Rich Harvests and Empty Coffers: Emergence of New States - Eighteenth-Century Political Formations
The eighteenth century witnessed the emergence of several new states around the world. These states experienced contrasting realities of rich harvests and empty coffers. Let's delve into the details of this phenomenon.
Rich Harvests:
1. Agricultural Revolution: The eighteenth century witnessed significant advancements in agricultural practices, leading to increased productivity and rich harvests.
2. Enclosure Movement: In Europe, the enclosure movement resulted in large tracts of land being consolidated and cultivated more efficiently, resulting in abundant harvests.
3. Technological Advancements: The introduction of new agricultural technologies, such as the seed drill and improved plows, further enhanced agricultural productivity.
4. Exploration and Colonization: European powers explored and colonized new lands, which brought them access to fertile lands and abundant natural resources, leading to prosperous harvests.
Empty Coffers:
1. Wars and Conflicts: The eighteenth century was marked by numerous wars and conflicts, which drained the finances of the emerging states. These states had to mobilize resources for military campaigns, which often led to financial crises.
2. Mercantilism: Many states followed the mercantilist economic policies, which emphasized accumulating wealth through trade. However, the expenses associated with maintaining colonies and trade networks often outweighed the profits, resulting in empty coffers.
3. Inefficient Taxation Systems: Some states faced difficulties in collecting taxes efficiently, leading to a decrease in revenue. Corruption and tax evasion further exacerbated the financial crises.
4. Lavish Expenditure: The rulers of some emerging states indulged in lavish lifestyles and extravagant expenditure, draining the state treasury and leading to financial instability.
Conclusion:
The emergence of new states in the eighteenth century brought about a complex interplay of rich harvests and empty coffers. While agricultural advancements and exploration led to prosperous harvests, the financial burdens of wars, mercantilism, inefficient taxation, and lavish expenditure often resulted in depleted state coffers. These contrasting realities shaped the political formations and economic trajectories of these emerging states.
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