England was held in high regard by the people living in its colonies in this period because it provided the colonies with financial help if needed, military assistance, and a market for the goods.
Whenever some of the colonies had troubles with finances, the motherland England was the one to help and assist, and get it back on track. Also England was always providing military assistance for its colonies which made the people feel much more secure. Another great benefit from England was that it was a big market and it was opening lots of other markets for the products from the colonies, thus making them wealthier and stronger.
The Civil War has been something of an enigma for scholars studying American history. During the first half of the twentieth century, historians viewed the war as a major turning point in American economic history. Charles Beard labeled it “Second American Revolution,” claiming that “at bottom the so-called Civil War – was a social war, ending in the unquestioned establishment of a new power in the government, making vast changes – in the course of industrial development, and in the constitution inherited from the Fathers” (Beard and Beard 1927: 53). By the time of the Second World War, Louis Hacker could sum up Beard’s position by simply stating that the war’s “striking achievement was the triumph of industrial capitalism” (Hacker 1940: 373). The “Beard-Hacker Thesis” had become the most widely accepted interpretation of the economic impact of the Civil War. Harold Faulkner devoted two chapters to a discussion of the causes and consequences of the war in his 1943 textbook American Economic History (which was then in its fifth edition), claiming that “its effects upon our industrial, financial, and commercial history were profound” (1943: 340).
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Bosnian War, ethnically rooted war (1992–95) in Bosnia and Herzegovina, a former republic of Yugoslavia with a multiethnic population comprising Bosniaks (Bosnian Muslims), Serbs, and Croats.
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