The Rise of the British Empire

The british system's respect for the rule of law, combined with strong education, really gave it the foundations to gain competative advantages in commerce and innovations. The second half of the 18 hundred, six % of global trade was denominated in british pounds. And on the way up, with all that cash, you start spending it on your military spending ad which is another factor of being arising power. With that great military canust go around to different countries and sort of just ransack them to take whatever you want, really. So i think it was that the bank in amsterdam was where un traded. And then around t 16 84, the the bank england