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  • 04-03-2022
  • History
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How might high wages in Britain have contributed to industrialization there?

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angelfick20
angelfick20 angelfick20
  • 04-03-2022
Success in international trade created Britain's high wage, cheap energy economy, and it was the spring board for the Industrial Revolution. High wages and cheap energy created a demand for technology that substituted capital and energy for labour. These incentives operated in many industries.
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