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17. How many acres of property did the Duke of Buckingham own before 1845? What happened in 1845 to the value of the Duke's property and why?

17. How many acres of property did the Duke of Buckingham own before 1845? What happened in 1845 to the value of the Duke's property and why?

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17. How many acres of property did the Duke of Buckingham own before 1845? What happened in 1845 to the value of the Duke's property and why? 18. In the modern world, what mattered more than an inherited title? 19. While finance caused the rise of new money and replacement of old landed wealth in the 19th century, what other great change did finance also bring about? 20. What was the key problem with foreign investment in both the 19th century and now? What was the solution to this problem during the 19th century? 21. What kind of business did Jardin and Matheson do in Canton in 1832? By 1900 how had the firm diversified its operations in China? 22. By 1913, what kind of range of foreign investment opportunities did an investor like Rothschild in London have? What brought this first era of globalization to a violent halt? 23. How did the declaration of WWI affect the liquidity of credit (or ability to borrow money)? Short Essay: The Ascent of Money is a 4 part series done by the British economist Nial Ferguson that seeks to describe basic economics so one can understand the economic world we live in today. Episode 2 of this series, The Bonds of War tells the story of how bond markers became the vehicles by which nations waged war and expanded their empires in the 18% and 19 centuries. One of the featured stories of this film is that of the legendary European banking family, the Rothschilds. Dr Ferguson makes the statement in the film that the power of the Rothschild family aroused indignation because their control of the bond market gave them the "power to permit or prohibit wars." After watching this documentary, write a short essay of 1-2 paragraphs explaining how a nation's ability to fund bonds affects their ability to wage war and'or expand their empire.
Transcribed Image Text:17. How many acres of property did the Duke of Buckingham own before 1845? What happened in 1845 to the value of the Duke's property and why? 18. In the modern world, what mattered more than an inherited title? 19. While finance caused the rise of new money and replacement of old landed wealth in the 19th century, what other great change did finance also bring about? 20. What was the key problem with foreign investment in both the 19th century and now? What was the solution to this problem during the 19th century? 21. What kind of business did Jardin and Matheson do in Canton in 1832? By 1900 how had the firm diversified its operations in China? 22. By 1913, what kind of range of foreign investment opportunities did an investor like Rothschild in London have? What brought this first era of globalization to a violent halt? 23. How did the declaration of WWI affect the liquidity of credit (or ability to borrow money)? Short Essay: The Ascent of Money is a 4 part series done by the British economist Nial Ferguson that seeks to describe basic economics so one can understand the economic world we live in today. Episode 2 of this series, The Bonds of War tells the story of how bond markers became the vehicles by which nations waged war and expanded their empires in the 18% and 19 centuries. One of the featured stories of this film is that of the legendary European banking family, the Rothschilds. Dr Ferguson makes the statement in the film that the power of the Rothschild family aroused indignation because their control of the bond market gave them the "power to permit or prohibit wars." After watching this documentary, write a short essay of 1-2 paragraphs explaining how a nation's ability to fund bonds affects their ability to wage war and'or expand their empire.
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