Answer: In the Divine Right of Kings led to his dismissing parliament in 1629 and ruling without them. The fact that he did not have a parliament to grant him money meant that he had to tax his people heavier and introduce unpleasant taxes such as ship money (see above).
Explanation:
Justin Yifu Lin is a Chinese economist who is the author of the book "The Quest for Prosperity: How Developing Economies Can Take Off".
In his papers, Lin describes how the China, which many centuries ago was forced to enter a trade with Great Britain after the Opium Wars and was solely seen as a sourcing point, now faces a completely different reality in regards to commercial relations with the British.
The Chinese, whose strength relies on their massive and relatively cheap labor force, understood that the key to development was in acquiring knowledge that would let them thrive in the creation of their own industries. This process has been ongoing throughout the second half of the 20th century until nowadays, as British Enterprises set operations in Chinese Soil, employing Chinese citizens who would eventually benefit from all the knowledge they received. This process has resulted in the creation and incredible growth of global enterprises such as Hayer or Huawei.
The people who would of opposed Hamilton’s plans would of been that of the Democratic-Republicans who more less followed behind Thomas Jefferson. They believed that the country should be passed around that of a strict interpretation of the constitution with the thought that the economy should be based around that of agricultural rather than trade. The group was worried about Hamilton’s plans because they believed that it gave too much power to the government & opposed the national bank. They didn’t want a repeat of what they had experienced with Great Britain
