The glorious industrial revolution had taken place in England due to its uniquely inclusive
economic institutions which were built by the inclusive political institutions.
Political institutions can play a great role in creating a favorable environment for business breaking away the traditional barriers for the expansion of free market economy. It makes political system liberal and responsive to the need of economy which in turns make business easier.
Inclusive economic institutions represent a group of institutions which are same in nature and objectives and its objective is to develop the economy through the participation of all classes of people. On the other hand, extractive economic institutions give the opposite meaning of inclusive. It means the particular institutions which work based on some specific objectives.
Conflict between absolutism and its opponents may impact upon an enabling environment for industrial growth as political developments utterly depend on some interlinked processes called political consensus.
Suitable Title: Glorious Revolution and its impact on England.
ধন ও মান চির দিনের জন্য নয়।
Wealth and fame are not forever.
সময়ের এক ফোঁড়, অসময়ের দশ ফোঁড়।
A stitch in time saves nine.
আমরা সমাজ জীবনের প্রতিটি ক্ষেত্রে অসহিষ্ণুতার সংস্কৃতি থেকে বেরিয়ে আসতে চাই।
We want to come out from the culture of impatience in every field of our social life.
দেশের কৃষির বিকাশে প্রতিভাবান শিক্ষিত তরুণদের অংশগ্রহণ পয়মন্ত ভূমিকা রাখবে।
Participation of the talented and educated youngsters in the evolution of the country's agriculture will play a great role.
ব্যাংকিং খাত অর্থ সংকটে পড়ার অন্যতম কারণ খেলাপি ঋণের ব্যাপকতা ।
The main reason of financial crisis in the banking sector is the prevalence of defaulted loans.