The Difference Between the Global North and South in Terms of Economic Prosperity

Britain enjoyed the significant economic advantages during the early years of the Industrial Revolution for many reasons. The Industrial Revolution built on earlier developments, but took time to progress. It eventually began to help ordinary people in the West to gain a higher standard life of living. Great Britain had more advantages such as natural resources, political stability and favorable geography. According to the textbook, A History of Western Society, “Britain possessed a unique set of possibilities and constraints, such as abundant coal, high wages, a relatively peaceful and centralized government and well developed financial systems…” (622) and the list goes on. Furthermore, agriculture played an important role in the Industrial Revolution in Britain. “English farmers were second only to the Dutch in

To start off, England had all the natural resources needed to industrialize. England had a natural supply of wool, cotton, coal, iron, lead, and tin (doc 1). These are all resources that are needed and helpful when industrializing. Wool and cotton are especially good for the textile industry, whereas iron was great for making tools and machinery. Along with these resources, England’s location enabled trading due to it’s many waterways. You can not be more than 70 miles from the sea in England (doc 4). Even the animals in the country were an advantage. For example, the sheep in England gave off the best wool (doc 4). Having natural resources helped England industrialize because it saved the country from having to trade, and/or travel to other countries in order to get what they needed. So many of the natural resources needed to industrialize were found in England. England had everything from coal to power

However the biggest advantage Britain had that spurred their modern thinking into industrial factories was its geography. England had fast flowing rivers that were effective to power water mills for machinery, and provided transportation routes for industrial goods. The weak point about rivers was that in winter they froze, stopping the water powered machinery and blocking routes (Little, n.d.). This leads to the true geographical advantage of Britain, one that wasn’t stop by the effects of seasons: high deposits of coal and iron ore. Coal was able to power the newly invented steam engine, which was a breakthrough leading to large scale industries (Little, n.d.).

Great Britain was the first country to really experience industrialization. A combination of the small country, agricultural improvements, large population growth, increases in national wealth, and access to cheap materials and mineral resources allowed the Industrial Revolution to grow in Britain. Because Britain was such a small area of land, the transport of goods and materials was cheap through roads, rivers, and canals. Agricultural improvements resulted in an increase in the production of food which allowed people more disposable income in which they could purchase manufactured goods. Large population growth supplied abundances of laborers who could be employed in factories. Access to cheap materials from Asia and the Americas and mineral resources increased national wealth which allowed industrialization to continue.

Throughout history, there have been many geographic differences between the North and the South that have lead to economic differences between them. Some of these differences, such as the climate differences, have had many effects on the economy in these to regions.

"What is the major reason for the differences in economic prosperity in various areas of the world today?

The Civil War was the bloodiest war in American history. America was split into two sides that had strengths and weaknesses against each other. It seemed they were the complete opposite. The North had more factories and railroads, while the South had more farms. Politics had a strong part to play too. The North had a better government, while the South struggled to form one. Finally, the North had a larger army throughout the war.

The geography of the land gave them the advantage in industrializing. England had many harbors that was near the towns. They were quite close to the sea,no matter where you were in the country you are never more than 70 miles from the sea. Most of their iron and coal mines were close to each other, making it easier not having to transport both long distances.(doc.

From its establishment until the Civil War, the United States remained divided between the Southern slave states and the Northern free states. This issue became more prominent and problematic as new territories applied for statehood and occasionally tipped the balance of free and slave states. In 1820, the Missouri Compromise established a line at 36 degrees 30 minutes - the northern boundary of Missouri - that allowed slavery south of the boundary line and prohibited it to the north. However, the admission of California as a free state, despite it being divided by the 36°30' line, as well as the establishment of popular sovereignty - the ability of the citizens of the states to vote whether it would be a free or slave state - in Kansas

Global communications, space exploration, and international events are just some of the things that formed the interconnected web between nations and sped up globalization. However, as much as we like to think that the world is making progress, there is still the undeniable fact that some countries citizens are much better off and enjoy a higher standard of living than compared to the people of other nations. Ever since the era of globalization began, the gap between the First and Third World is becoming bigger and bigger.

The American Civil War was the bloodiest war ever in the history of the country. The war which started in February 1861 and ending in the spring of 1865 saw 642,427 Union and 483,026 Confederate soldiers die. The Union consisted of all 6 New England states as well as: New York, California, Nevada, Pennsylvania, New Jersey, Oregon, Ohio, Indiana, Illinois, Kansas, Michigan, Wisconsin, Minnesota and Iowa. The Confederate states included: Texas, Arkansas, Louisiana, Tennessee, Mississippi, Alabama, Georgia Florida, South Carolina, North Carolina and Virginia. The battle between the North (Union) and South (Confederates) was caused by numerous disagreements and opinions, one of the main reasons being the economic differences between the North and South which lead to insurmountable disagreements about the way the country should be run.

England was an ideal place for the Industrial Revolution to begin. It had a great location it was by the water, so it was perfect for employment. It had lots of natural resources; it had a good or rather a wealthy economy and also a large population. Countless people were domesticated workers. The

The poverty trap is the cycle of poverty that can begin from a limited diet and progress to birthing a baby that is malnourished. This causes the baby to have slower development and poor

First, Britain had some tremendous natural attributes. It was naturally endowed with many deposits of coal and iron ore, which were used heavily in the early stages of factory production. In addition, Britain was situated at a critical point for international trade. Its position between the United States and the rest of Europe allowed them to have a serious impact in all matters of trade.

Low income countries have a GNP per capita of $995 or less, this translates into stark poverty on a massive scale.(de Haan, 1996) With populations experiencing income at this level most of their potential productivity is not