France's Economic Revolution

After we have seen what might be the causes in the colonises, I would like to take a closer look to some countries by themselves. Some countries, like England and France were once colonisers and they brought their own culture of governing to the colonises. Therefore it could be interesting to examine their history after a bigger breaking-point.
In case of England, this will be the Industrial Revolution and then the Glorious Revolution that has started such procedures that it lead to a complete change in their economic system.
On the other side, we have France during and after the French Revolution, which had an impact later on on many other countries' institutional system. This breaking-point required a lot of sacrifice and made the changes

358-359). The factors, like better secured property rights, improved infrastructure, a changed fiscal regime, greater access to finance, and a higher protection of traders and manufacturers slowly started to be visible in the economic development of the country. After this date, the number of patented inventions started to rise and the great flowering of technological change that was to be at the heart of the Industrial Revolution began to be evident. Innovations took place on many fronts, reflecting the improved institutional environment (Acemoglu & Robinson, 2012, p 366-367). However, we should not forget that the industrialisation was predominantly focusing on a limited number of sectors, such as textiles, and largely bypassed the service industries (Clarke,

These in turn were built on foundations laid by the inclusive political institutions, which were achieved thanks to the Glorious Revolution. It was this Revolution that strengthened and rationalised property rights, improved financial markets, undermined state-sanctioned monopolies in foreign trade, and removed the barriers to the expansion of industry. Moreover it made the political systems open and responsive to the economic needs and aspirations of society (Acemoglu & Robinson, 2012). And while many European countries had an advantage due to the Enlightenment, England could uniquely possess an adequate supply of skilled craftsmen who were afforded the freedom to be entrepreneurial (Clarke, 2014). The combination of inclusive economic institutions and excellent schooling helped men to find their talent and vision (such as James Watt) and gave them opportunity and incentive to develop their skills and ideas and influence the system in ways that benefited them and the nation (Acemoglu & Robinson). As it is mentioned in Why Nations Fail, the political developments leading up to the Glorious Revolution were shaped by several interlinked processes. Namely and most importantly the political conflict between absolutism and its opponents. This conflict lead not only to the end to create a renewed absolutism in England, but