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Canal Mania
Canal Mania was the period of intense canal building in England and Wales between the 1790s and 1810s, and the speculative frenzy that ensued in the early 1790s.British Canals. The Standard History. Joseph Boughey and Charles Hadfield. Background The earliest canal building was undertaken as a local enterprise, usually by a merchant, manufacturer or mine owner needing to ship goods, such as the Duke of Bridgewater's canal built to ship his coal from Worsley to Manchester. Despite the high cost of construction, the price of coal in Manchester fell by 50% shortly after it opened, and the financial success was attractive to investors. The American War of Independence ended in 1783. A long run of good harvests resulted in an increase in disposable income and an increase in the number of people looking to invest capital for a profit with little personal interest in the business. This resulted in an increase in less cautious speculation. There was a dramatic rise in the number of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canal
Canals or artificial waterways are waterways or engineered channels built for drainage management (e.g. flood control and irrigation) or for conveyancing water transport vehicles (e.g. water taxi). They carry free, calm surface flow under atmospheric pressure, and can be thought of as artificial rivers. In most cases, a canal has a series of dams and locks that create reservoirs of low speed current flow. These reservoirs are referred to as ''slack water levels'', often just called ''levels''. A canal can be called a ''navigation canal'' when it parallels a natural river and shares part of the latter's discharges and drainage basin, and leverages its resources by building dams and locks to increase and lengthen its stretches of slack water levels while staying in its valley. A canal can cut across a drainage divide atop a ridge, generally requiring an external water source above the highest elevation. The best-known example of such a canal is the Panama Canal. Many ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canals Of The United Kingdom
The canals of the United Kingdom are a major part of the network of inland waterways in the United Kingdom. They have a varied history, from use for irrigation and transport, through becoming the focus of the Industrial Revolution, to today's role of recreational boating. Despite a period of abandonment, today the canal system in the United Kingdom is again increasing in use, with abandoned and derelict canals being reopened, and the construction of some new routes. Canals in England and Wales are maintained by navigation authorities. The biggest navigation authorities are the Canal & River Trust and the Environment Agency, but other canals are managed by companies, local authorities or charitable trusts. The majority of canals in the United Kingdom can accommodate boats with a length of between and are now used primarily for leisure. There are a number of canals which are far larger than this, including New Junction Canal and the Gloucester and Sharpness Canal, which can acc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mania
Mania, also known as manic syndrome, is a mental and behavioral disorder defined as a state of abnormally elevated arousal, affect, and energy level, or "a state of heightened overall activation with enhanced affective expression together with lability of affect." During a manic episode, an individual will experience rapidly changing emotions and moods, highly influenced by surrounding stimuli. Although mania is often conceived as a "mirror image" to depression, the heightened mood can be either euphoric or dysphoric. As the mania intensifies, irritability can be more pronounced and result in anxiety or anger. The symptoms of mania include elevated mood (either euphoric or irritable), flight of ideas and pressure of speech, increased energy, decreased need and desire for sleep, and hyperactivity. They are most plainly evident in fully developed hypomanic states. However, in full-blown mania, they undergo progressively severe exacerbations and become more and more obscured by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canals In Wales
Canals or artificial waterways are waterways or engineered channels built for drainage management (e.g. flood control and irrigation) or for conveyancing water transport vehicles (e.g. water taxi). They carry free, calm surface flow under atmospheric pressure, and can be thought of as artificial rivers. In most cases, a canal has a series of dams and locks that create reservoirs of low speed current flow. These reservoirs are referred to as ''slack water levels'', often just called ''levels''. A canal can be called a ''navigation canal'' when it parallels a natural river and shares part of the latter's discharges and drainage basin, and leverages its resources by building dams and locks to increase and lengthen its stretches of slack water levels while staying in its valley. A canal can cut across a drainage divide atop a ridge, generally requiring an external water source above the highest elevation. The best-known example of such a canal is the Panama Canal. Many ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Bubbles
An economic bubble (also called a speculative bubble or a financial bubble) is a period when current asset prices greatly exceed their intrinsic valuation, being the valuation that the underlying long-term fundamentals justify. Bubbles can be caused by overly optimistic projections about the scale and sustainability of growth (e.g. dot-com bubble), and/or by the belief that intrinsic valuation is no longer relevant when making an investment (e.g. Tulip mania). They have appeared in most asset classes, including equities (e.g. Roaring Twenties), commodities (e.g. Uranium bubble), real estate (e.g. 2000s US housing bubble), and even esoteric assets (e.g. Cryptocurrency bubble). Bubbles usually form as a result of either excess liquidity in markets, and/or changed investor psychology. Large multi-asset bubbles (e.g. 1980s Japanese asset bubble and the 2020–21 Everything bubble), are attributed to central banking liquidity (e.g. overuse of the Fed put). In the early stages of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canals In England
Canals or artificial waterways are waterways or engineered channels built for drainage management (e.g. flood control and irrigation) or for conveyancing water transport vehicles (e.g. water taxi). They carry free, calm surface flow under atmospheric pressure, and can be thought of as artificial rivers. In most cases, a canal has a series of dams and locks that create reservoirs of low speed current flow. These reservoirs are referred to as ''slack water levels'', often just called ''levels''. A canal can be called a ''navigation canal'' when it parallels a natural river and shares part of the latter's discharges and drainage basin, and leverages its resources by building dams and locks to increase and lengthen its stretches of slack water levels while staying in its valley. A canal can cut across a drainage divide atop a ridge, generally requiring an external water source above the highest elevation. The best-known example of such a canal is the Panama Canal. Many ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timeline Of Transportation Technology
This is a timeline of transportation technology and technological developments in the culture of transportation. Antiquity *20th millennium BC – rafts used on rivers. *7th millennium BC– Earliest known shoes. *6th millennium BC– Dugout canoes constructed. *4th millennium BC– The earliest vehicles may have been ox carts. *3500 BCE – Domestication of the horse and invention of the wheel in Ancient Near East *Toys excavated from the Indus Valley civilisation (3010–1500 BC) include small carts. *3000 BCE – Austronesians construct catamarans and outriggers. ** In the Mediterranean, galleys were developed about 3000 BC. *2nd millennium BC – Cart mentioned in literature, chariot and spoked wheel invented. *800 BC – Canal for transport constructed in Ancient China. *408 BC – Wheelbarrow referenced in Ancient Greece. Middle Ages *5th Century – Horse collar invented in China. *6th Century - Evidence of a horseshoe in the tomb of the Frankish King Childeric I, T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dot-com Bubble
The dot-com bubble (dot-com boom, tech bubble, or the Internet bubble) was a stock market bubble in the late 1990s, a period of massive growth in the use and adoption of the Internet. Between 1995 and its peak in March 2000, the Nasdaq Composite stock market index rose 400%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, such as Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Some companies that survived, such as Amazon, lost large portions of their market capitalization, with Cisco Systems alone losing 80% of its stock value. Background Historically, the dot-com boom can be seen as similar to a number of other technology-inspired booms of the past including railroads in the 1840s, automobiles in the early 20th century, radio in the 1920s, television in the 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bike Boom
The bike boom or bicycle craze is any of several specific historic periods marked by increased bicycle enthusiasm, popularity, and sales. Prominent examples include 1819 and 1868, as well as the decades of the 1890s and 1970sthe latter especially in North Americaand the 2010s in the United Kingdom. 1819 The first period which may be called a bicycle craze actually refers to a precursor of the bicycle which was propelled by being pushed along with the feet as the rider straddled the contraption, and had no pedals. This machine was invented by Baron Karl von Drais in Germany, and was called variously a "draisine" (English) or "draisienne" (French) after his name, a "velocipede" from the Latin terms for "fast foot", a "hobby horse", or a "dandy horse", the last name being perhaps the most popular. Drais got a patent for his invention in 1818, and the craze swept Europe and the United States during the summer of 1819 while many manufacturers (notably Denis Johnson of London) e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Railway Mania
Railway Mania was an instance of a stock market bubble in the United Kingdom of Great Britain and Ireland in the 1840s. It followed a common pattern: as the price of railway shares increased, speculators invested more money, which further increased the price of railway shares, until the share price collapsed. The mania reached its zenith in 1846, when 263 Acts of Parliament for setting up new railway companies were passed, with the proposed routes totalling . About a third of the railways authorised were never built—the companies either collapsed due to poor financial planning, were bought out by larger competitors before they could build their line, or turned out to be fraudulent enterprises to channel investors' money into other businesses. Causes The world's first recognizably modern inter-city railway, the Liverpool and Manchester Railway (the L&M), opened its railway in 1830 and proved to be successful for transporting both passengers and freight. In the late 1830s an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Balloonomania
Balloonomania was a strong public interest or fad in balloons that originated in France in the late 18th century and continued into the 19th century, during the advent of balloon flights. The interest began with the first flights of the Montgolfier brothers in 1783 (in a balloon inflated with hot air). Soon afterwards Jacques Alexandre César Charles flew another type of balloon (inflated with hydrogen) and both types of balloon were in use from then on. The fad quickly spread in France and across the channel in England. Origins The science of lighter-than-air gases, and specifically the properties of oxygen, had been discovered as early as 1774 by Joseph Priestley, who noted its lightness and explosive qualities when heated. The chemistry of lighter-than-air and heated gasses was eventually put to the test by the Montgolfier brothers, two paper manufacturers in France, while experimenting with heated air caught in paper bags. Balloonomania saw its true origins, however, in the v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of The British Canal System
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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