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To three main reasons: specialisation and division deepening Work; technical progress in the industry and transport, Accompanied by increase in the size of firms, and role strengthening The governments in its relations with a private sector "(66, with. 123). 1) Value of expenses under the specification and a legal protection Contracts increased in process of market and strengthening expansion Urbanization process. On change to a personal exchange between good Counterparts knowing each other the depersonalized exchange has come, Which demands detailed definition of terms of transaction and The developed mechanisms of a legal protection. Decrease in the specific
Communications with development of a network of railways that has paved the way
For an urbanization of the population and expansion of the markets. Consequences
- a commodity variety and easing of the personal
Contacts it was expressed that economic agents
Have increased the expenses on search and processing of the market
2) Use of capital-intensive technologies is justified only
At enough considerable scales of manufacture that
Demands rhythmical receipt of raw materials and materials and
The adjusted system of sale. Reduction of costs and increase
Speeds of transportation have made possible transition to such
To the large organisations. Thanks to it it a stream
Transaction it began to be carried out not only through the market, but also
Directly in firms.
3) there Was a decrease in costs for pressure rendering on
The political power with a view of redistribution of the rights
Properties, than also the continuous has been predetermined
Increase of the state intervention in economy. (In
Particulars, J. It and D.Nort pay attention on
The raised value of the legislative commissions of the Congress of the USA
And expansion of powers of executive power.) burden,
Which the economy because of the amplified is compelled to bear
The state activism, it became immeasurably heavier.
The analysis of J. It and D.Norta is interesting to that it
Opens all ambiguity of sources of expansion
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