HIST 215 Lecture Notes - Lecture 12: Working Poor, French Literature, The Fighting Temeraire
10 Aug 2016
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1768- law- enclosure act: made it possible for lords to own lands and kick out peasents who were not useful. Second picture shows no peasents- peasents were kicked out. Peasents move to city and become wage laborers and push down wages. Colonial agriculture: using slave labor(cheaper than peasents), england is producing an enormous amount of wheat for cash-crops like silver. Guilds: abolished it and circumvented it in some places- guilds were no longer able to come up with fixed prices. Produces could come up with any price they wanted-market was less regulated/free trade system. Lords in france were not investing their money-lavishly spending, the english were different. They are trading and using their money and lands to get more money and invest. British legal system: unlike france, regions in france lived different laws and payed different taxes before the revolution- in england you had uniformity. This means investors can expect the same tax and rules everywhere.
