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Answer:
Explanation:
There are alot of contributions made by the development of economic system, ideologies and institution between 1750 to 1900 ,One of the solid contributions is that the world witnessed a change from Asian powers to western powers this was possible as a result of the use of imperialism Imperialism( a policy whereby there is extentension of country's rule over foreign nations, either by using military force or by political force as well as having economic control)
and informal empires. This shift in power was activated by the influence of growth in economy and military development, which is as result of industrial revolution and insight.
Another one is the deliverance of the labour system from slavery, which helps the wage earner to be free from exploit when trying to make gains.
The development was pivotal as it made importation and exportation easier and thereby enhanced trade.
It should be noted that there were several contributions that were made by the development of the economic system, ideologies, and institutions during this period.
There was a power change from the Asians to the Westerners. This was done through the use of imperialism. Also, the countries that were able to industrialize easily had access to many harbors and ports. There was also a stop to the exploitation of laborers.
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