Economics in My Life
Autor: Yonia • September 14, 2016 • Research Paper • 1,223 Words (5 Pages) • 879 Views
ECF5953 Assignment
Student Name Yuying Fu Student ID 26465914
Tutor’s Name Tsoi Tutorial Time Monday 20:00
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Coherence of argument: 12% | Mark: |
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Presentation 5% | Mark: |
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Originality and effort 3% | Mark: |
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Economics and my life
This essay is going to start with a living example of the ancient China. In 1792 the Qianlong emperor of China granted an audience to Lord Macartney, an envoy from Britain’s King George III. The envoy, eager to secure better terms of entry into China’s market, hoped to impress the emperor with various examples of Britain’s goods. That was the early fruits of the industrial revolution. Neither his gifts nor his requests met with much success. The emperor thought it was no value on objects strange or ingenious and have no use for the Britain’s manufactures (Making sense of the modern economy, 2006). In its pomp, China treated the outside world with disdain. Now, the rest of world views China with disquiet. If the emperor once getting the knowledge of economics and willing to have trade with Britain in foreign commerce, China’s current rulers display a vast determination to succeed in foreign markets. However, history is history. What we need to do is learn the lessons from history.
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