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The 4 industrialization periods of the 19th century

by | Sep 23, 2022 | Economics | 0 comments

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Read the article carefully, use the knowledge from the article to answer the following questions, and add 3 other additional sources as references
Early disparities
As early as the 19th century, substantial disparities between western and eastern European nations started becoming prevalent. These differences substantially impacted the ability of nations to generate consistent growth. However, these disparities were not only between east/west lines, but also within these regions (Britain vs. France/Germany vs. Scandinavia nations). We also noticed that some regions lagged but were able to catch up.
Explain and contrast why some nations were able to catch up to others and some could not. As well as how East/West differences played a role into the ability to catch up or not.
The 4 industrialization periods of the 19th century
This century can also be divided in 4 main eras’ in which banking and trading were big catalyst in growth.
Discuss the importance of the gold standard during this period. How was it able to increase trade and inter-regional trade?

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