What is the significance of the U.S. and U.K being the only modern states to have acted hegemonously across the globe

?Hegemony depended entirely on economical and policy-making relations that each(prenominal) country had at the time.? During the nineteenth Century both Britain and the U.S. had colonies in new(prenominal) areas of the world, and as they both had give gold everyplaceseas, it meant that they had a monopoly over early(a), not so commodious countries. Britain used this causation to pee-pee the London financial market, to motivate as a financier for other countries and facilitated the trunk of greatest balances, which thitherfore lead other countries much(prenominal) as Germany and France to marriage the gold pattern in order to improve their bullion when duty. This and then gave Britain and the U.S. a greater global governmental standing. And helped to fuse world markets. still it must be noted that nowadays that the gold criterion is removed, there is no similar system in shoot for which allows star or two countries such a abundant ground level of control over the others? currencies. The Euro and maven market in the EU is heavily protected by rules etc. Britain?s semipolitical violence was also increased undermentioned the Cobden?Chevalier accordance with France in 1860. This abolished the reciprocity requirement it alter publish trading betwixt the two countries. France in trance then established free trading with other countries a few geezerhood later. It could therefore be argued that Britain was in detail the creator apologize patronage enterprise. SIMILARITIES BETWEEN THE U.S. AND BRITAIN- Reduction of barriers to outside(a) free slew by dismantling colonial blocs- modern by political re wrench spare-time activity WW2- Free lot made useable by using military bases foreign to export goods. - Loaned other countries following the war, therefore had established economic superiority over them. - Guaranteed lax unity by establishing supranational structures e.g. U.N.

, IMF etc.This institutionalised the U.S.?s political prowess across the globe. The U.K was more specialised in the construction of ?Production Structure? in order to aver itself on the world stage. Both had colonies abroad and shared the homogeneous occidental/liberal economic ideals. Created planetary agencies to help the threesome human beings post-colonialisation.Naval supremacy gave Britain the monopoly to exercise lofty power by sustaining technical and industrial growth via abroad market expansion, e.g. Gibraltar/ Hong Kong commanded trade routes to the States and the East. BIBLIOGRAPHYShannley M, (1999) Industrialisation and the shifting spheric Balances, 1815-1885 If you want to lodge a full essay, order it on our website: Ordercustompaper.com

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