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To what extent by 1830 had economic developments made Britain into an industrial nation
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To what extent by 1830 had economic developments made Britain into an industrial nation? By 1830, Britain had undergone essential and irreversible structural changes in the economy and industry. Its urban labour force was also considerably altered and had grown tremendously in the previous 50 years to the expense of agricultural labour. However not all the characteristics of an industrial nation were present by 1830 and a lot was still to be done. One of the features of an industrial nation is a large rate of economic growth, 2% p.a., which was achieved by Britain well before 1830. Industrial production expands at a higher and more sustained rate in an industrial economy than in a pre-industrial economy whose characteristics are low productivity and low output per head. Britain's industrial output in the 18th century increased 4 times! The output increase was biggest in the four following areas: cotton, coal, Iron and Wool....
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