British Entrepreneurship between 1870 and 1914 Essay

British Entrepreneurship between 1870 and 1914 - Essay Example These traits include a dismal failure to adapt to new technologies, a gross misunderstanding as to the relevance of science in industrial efficiency, an obstinacy to stick to low-yielding established industrial sectors, a dearth of relevant managerial and organizational skills, an inability to delegate responsibility to subordinates and to take advantage of talented people having complementary proficiencies and a general lack of trust and faith in the British entrepreneurial potential (Aldcroft 1981) . At some time during the late 19th century, Great Britain fell victim to an economic decline. Various Historians tend to facilitate diverse reasons as to this economic demise of the Victorian Britain. Some historians attribute this economic decline to the rampant alterations in the world economy, emanating from the proliferation of the Industrial Revolution in the 19th century. There is one other school of historians, who link the economic fall of Victorian Britain to the lacunas existing within the British economy. Many historians blatantly profess that this so-called economic decline of Britain in the late 19th century could be understood and analyzed only in a relative perspective. As per these historians, the economic meltdown in the late 19th century Britain stands to be plausible only when one compares the performance of the British economy to other major industrial economies like the US and Germany. According to Alford, "British enterprise, it will be argued, did not decline d uring this period: it remained remarkably constant and inflexible (1996)." On the contrary, the available statistical data also to some extent indicates that in fact the British GDP was on the rise in the period 1870-1890, irrespective of a sluggish annual rate of growth. Crouzet (1982) argues that the growth rate of Britain, which rested at 3.1 percent in the period 1811-1877, came down to 1.6 percent between 1877 and 1913.Historians also tend to differ, as far as the onset of this economic decline is concerned decline. A majority of the historians identify the year 1873 as the time when Britain slipped into a prolonged era of economic slowdown. Others argue that the UK experienced a remarkable economic growth in the period 1820-1830. Thus, Victoria's accession tends to be the chronological coordinate that ushered in an era of economic decline (Crouzet 1982). Realistically speaking, in consonance with the available statistical data, 1870 could be considered the point of genesis of Britain's economic decline. It was only in the period between 1870 and 1913, when Britain's share of the global industrial output, which rested at 31.8 percent, nosedived to a pathetic and alarming 14 percent (Crouzet 1982).There is no denying the fact that a majority of the historians hold that the late Victorians happened to be grave failures, as far as the realm of entrepreneurship was concerned. As far as the entrepreneurial acumen of late Victorians is concerned, the analysis of their failure tends

War Dance response Essay Example | Topics and Well Written Essays - 1000 words

War Dance response - Essay Example The ability of human beings to invent fire portrays one of their major uniqueness. Fire was able to change the lives of human beings in numerous aspects which are still witnessed today. Unlike other animals, human beings have unique body structure. For example, they have opposable thumbs and have ability to communicate more efficiently and effectively using different means such as languages, signs, body movements to mention just but a few. Moreover, human beings have strong socials connections and have highly developed brains as compared to other animals/species. This can be substantiated by the fact that they have been able to make the entire world a global village through their creativity and innovation of communication information technology (Zhu and Dasheng, pp.34-35). In addition to this, human beings are social animals; this argument may be substantiated by the fact that human beings like living together in social groups. They tend to live as community members rather than individuals human beings. For example, the emergence of cities is good evidence. Most people move from isolated places such as rural areas and move to cities to look for employment as well as socialize with other people. Based on the traditional human social structure, it can be observed that human beings are social animals. For example, they used to have families whereby, a man could decide to become a monogamous by marrying several wives and having numerous children’s. The family members stayed together in the same house (Zhu and Dasheng, pp.34-35). The poems and stories in War Dance by Sherman Alexie display characters and relationship of various people. The first character that helps to support the stated argument is the narrator of the poem in War Dance. The seats with his father in a lonely room in a hospital after his father had undergone surgery on his