First, as a theoretical introduction some important political Scottish economists, their ideas and publications are presented. From a political point of view some economic consequences of the union of the two parliaments of 1707 are explicated. Next a sector by sector analysis of the Scottish economy in the 18th century is briefly outlined. The impact of the North American independence on the Scottish foreign trade and trade routes is explicated. The final observations summarize the results of the findings and focus on later economic developments of Scotland until the end of the 1970ies.
Inhaltsverzeichnis (Table of Contents)
- Introduction.
- The Scottish Demographic Development in the 18th Century..
- Some Economic Consequences of the Parliamentary Union of 1707...
- Some Developments of Scottish Agriculture and Fishery..
- Communications..
- The Textiles Industry..
- a) The Linen Industry.
- b) The Rise of the Cotton Industry.
- The Iron and Coal Industries.
- Foreign Trade.
- Banking and Finance.
- Final Observation.
- Notes
- Bibliography.
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay aims to provide a comprehensive overview of the Scottish economy during the 18th century. It examines various aspects of the economic landscape, including demographics, trade, industry, and financial systems.
- The impact of the Parliamentary Union of 1707 on the Scottish economy.
- The development of Scottish agriculture, fishing, and textile industries.
- The role of communications and infrastructure in economic growth.
- The influence of key economic thinkers, such as David Hume and Adam Smith, on Scottish economic thought.
- The emergence of banking and finance as vital components of the Scottish economic system.
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter sets the stage for the essay, highlighting the significance of the Scottish Enlightenment and its influence on economic thought. It introduces key figures like David Hume and Adam Smith, providing brief biographical sketches and outlining their contributions to political economy.
- The Scottish Demographic Development in the 18th Century: This chapter examines the population dynamics of Scotland during the 18th century, analyzing factors like birth rates, death rates, and migration patterns. It explores the impact of these demographic trends on the economy.
- Some Economic Consequences of the Parliamentary Union of 1707: This chapter delves into the economic consequences of the union between Scotland and England. It explores the effects of the union on trade, industry, and financial institutions.
- Some Developments of Scottish Agriculture and Fishery: This chapter focuses on the development of Scottish agriculture and fishing industries during the 18th century. It examines advancements in farming techniques, fishing methods, and the role of these sectors in the economy.
- Communications: This chapter explores the importance of communications infrastructure in the Scottish economy. It discusses the development of roads, canals, and ports, and their impact on trade and transportation.
- The Textiles Industry: This chapter examines the textile industry in Scotland, highlighting the growth of the linen and cotton industries. It analyzes the factors driving their expansion and their significance to the overall economy.
- The Iron and Coal Industries: This chapter focuses on the development of the iron and coal industries in Scotland. It explores their role in providing raw materials for manufacturing and their contribution to economic growth.
- Foreign Trade: This chapter discusses Scotland's foreign trade activities during the 18th century. It analyzes trade patterns, key trading partners, and the impact of trade on the Scottish economy.
- Banking and Finance: This chapter examines the development of banking and financial institutions in Scotland. It highlights the rise of commercial banks and their role in providing credit, facilitating investment, and supporting economic development.
Schlüsselwörter (Keywords)
The primary keywords and focus topics of this essay include the Scottish economy, 18th century, Parliamentary Union, agriculture, fishing, textiles, iron, coal, foreign trade, banking, finance, David Hume, Adam Smith, and the Scottish Enlightenment. This essay delves into the historical development and structural elements of the Scottish economy during a period of significant transformation, incorporating the contributions of prominent economic thinkers.
- Quote paper
- Volker Beckmann (Author), 1983, An Outline of the Scottish Economy in the Eighteenth Century, Munich, GRIN Verlag, https://www.grin.com/document/387076
