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How did the British Empire write the rules of today’s economy?
New Economics Podcast
The History of the Oil and Gas Company, BP
The oil and gas company, b p, used to be british petroleum. But before that it was the anglo uranian oil company. They emerge at the turn of the twentieth century through the kind of initiative of a business man called william tarcy a. And so they are able to get a monopoly over the cultivation of oil in the aberdan region of what britain then called persia iran. This results in huge bomp of profits for the anglo ranian oil company. It also allows them to help hower the first world war and in the second ward war. Then starts enterin a little bit of a problem when you have, in this age
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