C. Implicit GDP Price Deflator
Traditional authority–which is authority based on custom–is the hallmark of industrialized societies.
<h3>What are
industrialized societies?</h3>
industrialized societies serves as the societies that focus on the production of goods and services , this society uses different means and method to achieve great efficiency and great production.
It should be noted Traditional authority–which is authority based on custom–is the hallmark of industrialized societies.
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1. Trade imbalance with Great Britain, which led to Opium imports into China, which the Chinese tried to ban but failed. This led to the Opium Wars.
2. An outcome of the Opium wars was British victory leading to the Chinese signing unequal treaties, opening trade, giving land to the British and forcing the Chinese to pay for the war.
3. The Europeans established 'spheres of influence' in certain territories of China, leading to the Chinese fighting back, to gain independence.
