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2 - Continental Europe

from Part I - Regional Developments

Published online by Cambridge University Press:  03 June 2021

By
Giovanni Federico  and
Andrei Markevich
Edited by
Stephen Broadberry  and
Kyoji Fukao
Stephen Broadberry
Affiliation:
University of Oxford
Kyoji Fukao
Affiliation:
Hitotsubashi University, Tokyo
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Summary

This chapter reviews dramatic changes in the European economy between 1700 and 1870. The period saw a rapid population increase, slow structural transformation away from agriculture, and a gradual spread of modern economic growth across the continent. We discuss the proximate causes of these phenomena – namely, technical progress and the adaptation of English technology, growing integration of markets and upsurge of trade, and institutional modernization and the birth of the modern state.

Keywords

Europeeconomic developmentearly modernnineteenth century
Type
Chapter
Information
The Cambridge Economic History of the Modern World , pp. 45 - 66
Publisher: Cambridge University Press
Print publication year: 2021

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