Historical Eras, Economic Systems, and Product Safety

Tipp-Ex: Liquid Correction Fluid

Product Description

Tipp-Ex is a liquid correction fluid with a brush applicator.

Safety Precautions

• Flammable Product: Do not bring near any flame or incandescent object.
• Keep Away from Children: Ensure the product is stored out of reach of children.
• Toxic Product: Do not ingest.
• In Case of Ingestion: Seek immediate medical attention at the nearest hospital's toxicology department.

Key Historical Periods and Economic Systems

Major Historical Eras

Prehistory

This period began with the appearance of the first human beings.

Antiquity

This period of history spans from the invention of writing in about 3300 BC to the fall of the Western Roman Empire in 476 AD.

The Middle Ages

This period began with the fall of the Roman Empire and concluded with the European discovery of America in 1492.

The Early Modern Age

This historical period extends from the European discovery of America by Christopher Columbus and ended in 1789 with the French Revolution.

The Modern Age

This period began with the French Revolution and continues to the present day.

Political and Economic Systems

Absolute Monarchy

Absolute monarchy came to predominate in Western Europe. It was called 'absolute' because the crown had unlimited authority, which was believed to come from God. Spain's power began to decline during the 17th century.

Parliamentary Monarchy

In England, a civil war occurred in the 1640s between supporters of the king and supporters of Parliament. As a result, the absolute monarchy was initially replaced by a republic, but later the absolute monarchy was restored. However, the Glorious Revolution of 1688 established a parliamentary monarchy, in which the monarch's powers were limited by Parliament.

Commercial Capitalism

This was a new economic system based on the accumulation of profits in private hands, especially through trade.

Domestic System

Merchants provided raw materials (mainly cotton) to peasants who produced goods in their homes (mainly cloths).

Mercantilism

During the 17th century, absolute monarchs imposed mercantilism. This system was based on the idea that a country's wealth depended on how much gold and silver it possessed. Therefore, monarchs imposed protectionist policies to limit imports and encourage exports, thereby accumulating more gold and silver.