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[2]: 41–42 The British textile industry used 52 million pounds of cotton in 1800, which increased to 588 million pounds in 1850. [45] The share of value added by the cotton textile industry in Britain was 2.6% in 1760, 17% in 1801, and 22.4% in 1831. Value added by the British woollen industry was 14.1% in 1801.
Some have stressed the importance of natural or financial resources that Britain received from its many overseas colonies or that profits from the British slave trade between Africa and the Caribbean helped fuel industrial investment. [10]
After the loss of the American colonies in 1776, Britain built a "Second British Empire", based in colonies in India, Asia, Australia, Canada. The crown jewel was India, where in the 1750s a private British company, with its own army, the East India Company (or "John Company"), took control of parts of India. The 19th century saw Company rule ...
2 December: 1971: National Day (United Arab Emirates) United States: Thirteen American Colonies: 4 July: 1776: Fourth of July. Declaration of Independence from the Kingdom of Great Britain in 1776. British government recognized independence in 1783 with the Treaty of Paris. Vanuatu: New Hebrides: 30 July: 1980: Independence from United Kingdom ...
A Roberts loom in a weaving shed in the United Kingdom in 1835. The nature of the Industrial Revolution's impact on living standards in Britain is debated among historians, with Charles Feinstein identifying detrimental impacts on British workers, whilst other historians, including Peter Lindert and Jeffrey Williamson claim the Industrial Revolution improved the living standards of British ...
Britain, lastly, had an abundance of labor, or industrial workers in this case. There are many other conditions that help show why the Industrial Revolution began in Great Britain. The British Isles and colonies overseas represented huge markets that created a large demand for British goods.
Relative per capita levels of industrialization between 1750 and 1910 relative to Great Britain in 1900 = 100) [98] New products and services were introduced which greatly increased international trade.
The fourth British Empire, meanwhile, is used to denote Britain's rejuvenated imperial focus on Africa and South-East Asia following the Second World War and the independence in 1947–48 of Britain's South Asian dependencies, when the Empire became a vital crutch in Britain's economic recovery.