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The American federalism and interpretation of the constitution of that time sharply narrowedPossibilities of the federal government to interfere with economy, and
The governments of states were afraid of an economic competition of other states.
Whether compatibly constitutional transformation of the USA to classical empire with
Infinite steady growth of economy is, of course, very burning
And an inconsistent question. The same question is possible concerning the USSR, where
Financing of imperial ambitions strongly braked economic progress.
The conclusion
At attempt to understand sources of economic growth of the West the first in a head
Institutes, undoubtedly, promoted economic growth of the West, and in
Some cases their contribution was solving. In process of isolation of the economic
Fields of activity, to it it was necessary to invent own institutes, and at times
Occurred in interaction to the world of a policy.
Amazes that fact that occurrence of institutes of capitalism was so strongly
It is connected with realities of a city life. A close connection between trade and
By urbanization again and again it is shown in development of institutes of trade, which
Were initially and city. During an epoch of a slow communication facility single forms
The enterprises could arise only in cities where there were resources
Knowledge and abilities, sufficient for creation of trade enterprises. Amazing
Example of city development is insurance, as risk division Between many dealers becomes possible, when in the market of one city -
Whether it be London, Florence or Amsterdam - trades many merchants. Even the legal
Compulsion to performance of trading contracts probably only in a community, where
The quantity of contracts and quantity of conflicts appear big enough, That there was possible a maintenance of specialised corporation of judges, Lawyers and jurists. Transition from transfer bills to depositary banks
It would be hardly possible, if bankers have not received trust of dealers at first
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