pars
Member
- Joined
- Aug 11, 2015
- Member Type
- Student or Learner
- Native Language
- Persian
- Home Country
- Iran
- Current Location
- Iran
Dear all:
What does the words in bold mean in the following passage? It is from the book The Asian Trade Revolution of the Seventeenth Century, by Niels Steensgaard, p. 140:
In practice this principle was modified at the moment trade was opened up between the factories themselves, but in the English material there are only faint traces of a distinction between capitals issued with returns in mind and a permanent circulating capital, and no traces of any conscious endeavour to build up a permanent circulating capital.
Many thanks in advance.
What does the words in bold mean in the following passage? It is from the book The Asian Trade Revolution of the Seventeenth Century, by Niels Steensgaard, p. 140:
In practice this principle was modified at the moment trade was opened up between the factories themselves, but in the English material there are only faint traces of a distinction between capitals issued with returns in mind and a permanent circulating capital, and no traces of any conscious endeavour to build up a permanent circulating capital.
Many thanks in advance.
