It is now widely accepted that if his plans to enhance royal power and revolutionise the government were not far-sighted, his political and administrative skills were essential to their success. However it can be argued that Cromwell’s plans in fact did not succeed in the way he wished. Cromwell set up a bureaucratic system of administration based on the ‘privy’ council. This was a body of advisors that were appointed by the King. If it was possible to choose these council members it would put the King in a very high position of power, backed by a large amount of support.
How effective a king was Henry 7th? Henry 7th is very well know as the conqueror of Richard 3rd and father of Henry 8th, but how effective a king was he? He had to secure the Tudor dynasty, secure the nobility, keep financially stable and strengthen his foreign position without appearing weak. He dealt with these problems on the whole, extremely well, suggesting that he was an effective king, but he made some mistakes to. Henry 7th was ruthless in securing the Tudor dynasty.
All payments went towards the king, this would've also made the Earls not feel powerful enough, especially Harold Godwin who was seen as the most powerful man in England, but theoretically he wasn’t. However the Economy was well governed because the trade increased, which encouraged both the growth of towns and foreign contacts, this demonstrates that England were still involved in trade, which was good for the economy. However the economy was not very well developed especially compared to the Byzantine Empire and Muslim world. Those economies were massive, especially when compared to England’s. Overall I believe that the economy for pre-Conquest England as well- governed to an extent as the King did have large control, he did control this well, but he may have been seen as too powerful where the government is concerned.
The income statement’s total revenues doubled in two years due to their unusual growth. The problem to behind income statement and balance sheets stems from their company owned and franchised factories; instead of selling the donuts, the company sold machinery to make their products. The goodwill and required franchise rights doubled each year until 2004 which raised questions and concerns as to whether Krispy Kreme improperly implemented accounting treatments. Compared to the industry, Krispy Kreme was apparently a very high performing company, but we questioned the performance data. First problem we encountered were the current and quick ratios were unusually high due to the amount of cash, receivables and short term investments that Krispy Kreme held.
Despite the numerous positives for Britain many other colonies felt the negative effects of the British empire sparking many conflicts in the past 200 years. Britain prospered financially throughout the many years of having an empire. Britain developed trade links between many countries, source B shows how these links benefitted Britain. The source shows that the years between 1700 and 1900 saw a dramatic increase in the amount of goods being imported and exported from Britain. Up until 1900 the source shows that Britain was in a very good position when it came to trade as their exports greatly outweighed their imports which in turn would make a steady profit for Britain.
During the war, the US has increased in defence spending. US navy ships rose from 600 to 1000, air force increased from 42 wing groups to 72. Which also helped the US to be equip itself to be the ‘World’s police officer’ This shows how the US military gained a lot of money from the War benefiting them in war, as they were better armed. As a result this raised more businesses to profit from more defence weapons as they were popular in demand (‘the military-industrial complex). Therefore the money raised helped the American economy and living standards which hence shows how the Americans could be seen as the successors of the War.
There was increased production and demand for goods. Freidel and Brinkley point to a booming market for scarce consumer goods in the United States and a strong European market as reasons for the boom which lasted for almost two years following Armistice. [2] A similar situation was happening in Ireland. Agricultural prices trebled between 1914 and 1921 in the wake of increased demand for food and animals. [3] A combination of high earnings in agriculture and some shortage of imported goods meant high prosperity for the trader.
Oliver Cromwell became the most important general on the Parliamentarian side and Prince Rupert on the Royalist side. Oliver Cromwell was famous for his well thought out tactics and his well disciplined army, where as Rupert, the kings nephew, made decisions without thinking them through and was not always in full control of his men. Before the war, Oliver Cromwell was worrying whether or not his army would want to fight the king because in those days it was said that the king is Gods representative. The king also had much more money because he was supported by some very wealthy men, so he had more money. However, as the war went on, the king’s money dwindled away, and Parliament raised taxes, therefore they had more money than the king.
GDP increased represent all residents would benefit from their country’s increased economic production. Between 1950 and 1973, the GDP of Western Europe (include 29 countries) increased at an annualized rate of 4.81 per cent, against a secular growth rate (between 1973 and 1998) of 2.11 per cent, it rose more than twice as rapidly as over any comparable period before or since. The real per person GDP of Western Europe also increased at an annualized rate of 4.08 per cent, against the secular growth rate of 1.78 percent, outperforming all other world regions except Asian. Secondly, Western Europe’s export rates. When a country’s export are high, the buyers of these exports need its currency to pay for those exports, the
This indicator is increasing dramatically by almost 11 days in two years, because of increase of Collection and Inventory days by 16 and minor increase of Payables days by 5 (Exhibit 2 and 3). The change in Working Capital (Exhibit 4) very clearly presents the greater increase of receivables than payables, which means that the company pays faster than its customers pays to the company. Therefore, additional source of financing should be found. Further, it is worth mentioning that debt-to-equity ratio increased in this period from 0.82 to 2.65. As a result, it is very easy to understand that the main source of financing the operations of the company are loans and other type of debts (Exhibit 5 and 6).