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    Ankur Jain
    27 visualizzazioni15 pagine
    People lived in small groups Shared resources and profits Bartered for wants and needs Tenant farming began Increased motivation Farmers made small profits Conflicts over profits Wars were common land and resources seized y Global trading of products Borrowed capital funded trading Buy low, sell high elsewhere Banking became a respected business y King John signs Magna Carta y Changes History forever y Rights to private properties y Balance of power shifted private production, trade and distribution Market goods services Innovation Steam Engine Transporting costs cheaper Mass production Steam engines increase productivity

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    People lived in small groups Shared resources and profits Bartered for wants and needs Tenant farming began Increased motivation Farmers made small profits Conflicts over profits Wars were common land and resources seized y Global trading of products Borrowed capital funded trading Buy low, sell high elsewhere Banking became a respected business y King John signs Magna Carta y Changes History forever y Rights to private properties y Balance of power shifted private production, trade and distribution Market goods services Innovation Steam Engine Transporting costs cheaper Mass production Steam engines increase productivity

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Scarica in formato PPT, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    27 visualizzazioni15 pagine

    0000000

    Caricato da

    Ankur Jain
    People lived in small groups Shared resources and profits Bartered for wants and needs Tenant farming began Increased motivation Farmers made small profits Conflicts over profits Wars were common land and resources seized y Global trading of products Borrowed capital funded trading Buy low, sell high elsewhere Banking became a respected business y King John signs Magna Carta y Changes History forever y Rights to private properties y Balance of power shifted private production, trade and distribution Market goods services Innovation Steam Engine Transporting costs cheaper Mass production Steam engines increase productivity

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Scarica in formato PPT, PDF, TXT o leggi online su Scribd
    Segnala contenuti inappropriati
    di 15

    People lived in small groups Shared resources and profits Bartered for wants and needs

    Kings and Queens

    Aristocrats

    Aristocrats

    Commoners

    Commoners

    Commoners

    Tenant farming began Increased motivation Farmers made small profits

    Conflicts

    over profits Wars were common Land and resources seized

    y Global trading of products


    Borrowed

    capital funded trading Buy low, sell high elsewhere Banking became a respected business

    y King John signs Magna Carta y Changes History forever y Rights to private properties y Balance of power shifted

    Private

    properties become enterprising Private production, trade and distribution

    Market

    Goods

    Services

    $$$$$$

    Innovation

    Steam Engine Transporting costs cheaper Mass production

    Steam

    engines increase productivity Workers displaced Common land was taken back Immigration was on the rise

    Aristocrats

    no longer had

    power People made their own millions Business is still booming

    Axia College (2007). The Evolution of Business, Week One, Chapter 2 reading. Retrieved from Axia College, Bus/210 website. Windows XP Clip Art (2010) Retrieved March 26, 2010.

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