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Assess the validity of the notion of ‘decline’ for historians seeking to explain British economic development between 1870 and 1914
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Assess the validity of the notion of 'decline' for historians seeking to explain British economic development between 1870 and 1914 In the late eighteenth century, Britain became the first country to endure the industrial revolution, which broadened to Europe, and then to the United States.i The new technology created, lead to a diverse range of resources, and an expanding market. Britain could not sustain the leadership it had established though, and in 1870-1914 there was an inescapable decline. In comparison to other countries Britain's GNP was not particularly quick, over the entire duration of the nineteenth century, and significantly between 1870 and 1913.ii Even though international evaluations in this area present a variety of complications and uncertainties, Angus Maddisons quotes and figures can be used as a method of analysis.iii Concerning growth of total output, Great Britain was in 8th position, joint equal with the Netherlands, and Norway. Just France and...
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