The Relative Decline of the British Empire after 1870
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In this article, the writer maintains that the historical evidence on the rapid economic growth of the British Empire is clear. The writer discusses that during the 18th and 19th centuries-fueled by the Industrial Revolution, modern banking systems, and revolutions in transportation such as the railroads and steamships-the British Empire expanded significantly. However, by 1870, there were indications that this growth was unsustainable and would not last. The writer points out that in fact, it did not and within less than a century, the grand British Empire had collapsed in upon itself, letting loose effectively all of its colonial holdings. The hypothesis of this study is that one of the major contributing factors to this disintegration was the rise in popularity of collectivist and protectionist trade policies within the Empire, and the decline of free market values.
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The Relative Decline of the British Empire after 1870 (2006, December 01) Retrieved December 04, 2022, from https://www.academon.com/analytical-essay/the-relative-decline-of-the-british-empire-after-1870-130811/
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