Economy Of England
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Economy Of England
The economy of England is the largest economy of the four countries of the United Kingdom. England is a highly industrialised country. It is an important producer of textiles and chemical products. Although automobiles, locomotives, and aircraft are among England's other important industrial products, a significant proportion of the country's income comes from the City of London. Since the 1990s, the financial services sector has played an increasingly significant role in the English economy and the City of London is one of the world's largest financial centres. Banks, insurance companies, commodity and futures exchanges are heavily concentrated in the City. The British pound sterling is the official currency of England and the central bank of the United Kingdom, the Bank of England, is located in London. The service sector of the economy as a whole is now the largest in England, with manufacturing and primary industries in decline. The only major secondary industry that is g ...
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Pound Sterling
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and ...
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John Hawkins (naval Commander)
Sir John Hawkins (also spelled Hawkyns) (1532 – 12 November 1595) was a pioneering English naval commander, naval administrator and privateer. He pioneered, and was an early promoter of, English involvement in the Atlantic slave trade. Hawkins is considered to be the first English merchant to profit from the Triangle Trade, selling enslaved people from Africa to the Spanish colonies of Santo Domingo and Venezuela in the late 16th century. As Treasurer of the Navy (1578–1595), Hawkins became the chief architect of the Elizabethan Navy, he rebuilt older ships and directed the design of faster ships. In 1588, Hawkins served as a Vice-Admiral and assisted in the defeat of the Spanish Armada, he was knighted for gallantry. Hawkins' son, Richard Hawkins, was captured by the Spanish and in response he raised a fleet of 27 ships to attack the Spanish in the West Indies, he died at sea during the expedition. Early years John Hawkins was born to a prominent family in Plymouth in ...
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Barley
Barley (''Hordeum vulgare''), a member of the grass family, is a major cereal grain grown in temperate climates globally. It was one of the first cultivated grains, particularly in Eurasia as early as 10,000 years ago. Globally 70% of barley production is used as animal fodder, while 30% as a source of fermentable material for beer and certain distilled beverages, and as a component of various foods. It is used in soups and stews, and in barley bread of various cultures. Barley grains are commonly made into malt in a traditional and ancient method of preparation. In 2017, barley was ranked fourth among grains in quantity produced () behind maize, rice and wheat. Etymology The Old English word for barley was ', which traces back to Proto-Indo-European and is cognate to the Latin word ' "flour" (''see corresponding entries''). The direct ancestor of modern English ''barley'' in Old English was the derived adjective ''bærlic'', meaning "of barley". The first citation of t ...
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Wheat
Wheat is a grass widely cultivated for its seed, a cereal grain that is a worldwide staple food. The many species of wheat together make up the genus ''Triticum'' ; the most widely grown is common wheat (''T. aestivum''). The archaeological record suggests that wheat was first cultivated in the regions of the Fertile Crescent around 9600 BCE. Botanically, the wheat kernel is a type of fruit called a caryopsis. Wheat is grown on more land area than any other food crop (, 2014). World trade in wheat is greater than for all other crops combined. In 2020, world production of wheat was , making it the second most-produced cereal after maize. Since 1960, world production of wheat and other grain crops has tripled and is expected to grow further through the middle of the 21st century. Global demand for wheat is increasing due to the unique viscoelastic and adhesive properties of gluten proteins, which facilitate the production of processed foods, whose consumption is inc ...
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Common Agricultural Policy
The Common Agricultural Policy (CAP) is the agricultural policy of the European Union. It implements a system of agricultural subsidies and other programmes. It was introduced in 1962 and has since then undergone several changes to reduce the EEC budget cost (from 73% in 1985 to 37% in 2017) and consider rural development in its aims. It has, however, been criticised on the grounds of its cost and its environmental and humanitarian effects. Overview The CAP is often explained as the result of a political compromise between France and Germany: German industry would have access to the French market; in exchange, Germany would help pay for France's farmers. The CAP has always been a difficult area of EU policy to reform; it is a problem that began in the 1960s and one that has continued to the present, albeit less severely. Changes to the CAP are proposed by the European Commission, after a public consultation, which then sends its proposals to the Council and to the European Pa ...
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Agronomy
Agronomy is the science and technology of producing and using plants by agriculture for food, fuel, fiber, chemicals, recreation, or land conservation. Agronomy has come to include research of plant genetics, plant physiology, meteorology, and soil science. It is the application of a combination of sciences such as biology, chemistry, economics, ecology, earth science, and genetics. Professionals of agronomy are termed agronomists. Plant breeding This topic of agronomy involves selective breeding of plants to produce the best crops for various conditions. Plant breeding has increased crop yields and has improved the nutritional value of numerous crops, including corn, soybeans, and wheat. It has also resulted in the development of new types of plants. For example, a hybrid grain named triticale was produced by crossbreeding rye and wheat. Triticale contains more usable protein than does either rye or wheat. Agronomy has also been instrumental for fruit and vegetable producti ...
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Mechanised Agriculture
Mechanised agriculture or agricultural mechanization is the use of machinery and equipment, ranging from simple and basic hand tools to more sophisticated, motorized equipment and machinery, to perform agricultural operations. In modern times, powered machinery has replaced many farm task formerly carried out by manual labour or by working animals such as oxen, horses and mules. The entire history of agriculture contains many examples of the use of tools, such as the hoe and the plough. The ongoing integration of machines since the Industrial Revolution has allowed farming to become much less labour-intensive. Agricultural mechanization is part of this technological evolution of agricultural automation. It can be summarized as a progressive move from manual tools to animal traction, to motorized mechanization, to digital equipment and finally, to robotics with artificial intelligence (AI). These advances can raise productivity and allow for more careful crop, livestock, aquacu ...
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Intensive Agriculture
Intensive agriculture, also known as intensive farming (as opposed to extensive farming), conventional, or industrial agriculture, is a type of agriculture, both of crop plants and of animals, with higher levels of input and output per unit of agricultural land area. It is characterized by a low fallow ratio, higher use of inputs such as capital and labour, and higher crop yields per unit land area. Most commercial agriculture is intensive in one or more ways. Forms that rely heavily on industrial methods are often called industrial agriculture, which is characterised by innovations designed to increase yield. Techniques include planting multiple crops per year, reducing the frequency of fallow years, and improving cultivars. It also involves increased use of fertilizers, plant growth regulators, pesticides, antibiotics for livestock and mechanised agriculture, controlled by increased and more detailed analysis of growing conditions, including weather, soil, water, weeds, and pe ...
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North England
Northern England, also known as the North of England, the North Country, or simply the North, is the northern area of England. It broadly corresponds to the former borders of Angle Northumbria, the Anglo-Scandinavian Kingdom of Jorvik, and the Celt Britonic Yr Hen Ogledd Kingdoms. The common governmental definition of the North is a grouping of three statistical regions: the North East, the North West, and Yorkshire and the Humber. These had a combined population of 14.9 million at the 2011 census, an area of and 17 cities. Northern England is culturally and economically distinct from both the Midlands and the South of England. The area's northern boundary is the border with Scotland, its western the border with Wales, and its eastern the North Sea; there are varying interpretations of where the southern border with the Midlands lies culturally; the Midlands is often also split by closeness to the North and the South. Many Industrial Revolution innovations began ...
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English Midlands
The Midlands (also referred to as Central England) are a part of England that broadly correspond to the Kingdom of Mercia of the Early Middle Ages, bordered by Wales, Northern England and Southern England. The Midlands were important in the Industrial Revolution of the 18th and 19th centuries. They are split into the West Midlands and East Midlands. The region's biggest city, Birmingham often considered the social, cultural, financial and commercial centre of the Midlands, is the second-largest city and metropolitan area in the United Kingdom. Symbolism A saltire (diagonal cross) may have been used as a symbol of Mercia as early as the reign of Offa. By the 13th century, the saltire had become the attributed arms of the Kingdom of Mercia. The arms are blazoned ''Azure, a saltire Or'', meaning a gold (or yellow) saltire on a blue field. The saltire is used as both a flag and a coat of arms. As a flag, it is flown from Tamworth Castle, the ancient seat of the Mercian Kings, to t ...
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Thirteen Colonies
The Thirteen Colonies, also known as the Thirteen British Colonies, the Thirteen American Colonies, or later as the United Colonies, were a group of Kingdom of Great Britain, British Colony, colonies on the Atlantic coast of North America. Founded in the 17th and 18th centuries, they began fighting the American Revolutionary War in April 1775 and formed the United States of America by United States Declaration of Independence, declaring full independence in July 1776. Just prior to declaring independence, the Thirteen Colonies in their traditional groupings were: New England (Province of New Hampshire, New Hampshire; Province of Massachusetts Bay, Massachusetts; Colony of Rhode Island and Providence Plantations, Rhode Island; Connecticut Colony, Connecticut); Middle (Province of New York, New York; Province of New Jersey, New Jersey; Province of Pennsylvania, Pennsylvania; Delaware Colony, Delaware); Southern (Province of Maryland, Maryland; Colony of Virginia, Virginia; Provin ...
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British Raj
The British Raj (; from Hindi ''rāj'': kingdom, realm, state, or empire) was the rule of the British Crown on the Indian subcontinent; * * it is also called Crown rule in India, * * * * or Direct rule in India, * Quote: "Mill, who was himself employed by the British East India company from the age of seventeen until the British government assumed direct rule over India in 1858." * * and lasted from 1858 to 1947. * * The region under British control was commonly called India in contemporaneous usage and included areas directly administered by the United Kingdom, which were collectively called British India, and areas ruled by indigenous rulers, but under British paramountcy, called the princely states. The region was sometimes called the Indian Empire, though not officially. As ''India'', it was a founding member of the League of Nations, a participating nation in the Summer Olympics in 1900, 1920, 1928, 1932, and 1936, and a founding member of the United Nations in San F ...
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