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Unformatted text preview: olitical Elite Lack of Industrialization? Lack of Industrialization? “Arrested Transition”: Historical Development and Geographical Position in the Empire Mercantilism Economic Policy Changes? Activities/Culture of the Elite Do not invest in industry – Why? Locational/Resource Issues Areas of the Maritime Economy Areas of the Maritime Economy “Wind, Wood, and Sail” Shipbuilding: Significant Industry Result of the Trade/Merchant Economy Does not facilitate subsidiary industries Areas of the Maritime Economy Areas of the Maritime Economy Timber Industry: Major Export Product Squ...
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- Fall '09