Excerpt from The Recent Rate of Material Progress in England: Address to the Economic Science and Statistics Section of the British Association, at Manchester, 1887
Per contra, of course, the extra cheapness of sugar, alleged to be due to the bounties, must have been so great an advantage to the people of the United Kingdom, saving them perhaps to per annum, that the stimulus thereby given to other industries must apparently have far more than compensated any loss caused by the stimulus of foreign bounties to sugar production and refining abroad. But to enlarge on this point would involve the introduction of controversial matter, which I am anxious to avoid. I am content to show that nothing that can have resulted from sugar bounties could have affected seriously the general rate of material growth in the country.
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Paperback. Zustand: New. Print on Demand. This book explores an intriguing question: has the UK's economic growth slowed in recent years? Drawing comparisons between the first 20 and last 10 years of the 19th century, the author observes a significant decline in growth rates. While external factors like foreign competition and adverse weather undoubtedly played a role, the author emphasizes long-term trends indicating a potential 'plateau' in the UK's development. The author believes that material progress is no longer solely dependent on natural advantages like fertile soil and rich mines. Instead, factors like infrastructure, skilled labor, and capital accumulation have become increasingly important. The book delves into these complex dynamics, providing valuable insights into the UK's economic trajectory and the broader implications for industrialized nations as they navigate the challenges of the future. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9780266109754_0
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9780266109754
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