A significant criterion of any industrial revolution is the diffusion of technology. However, it is not just gaining the technology that is significant but gaining foreign technologies and having the ability to implement and accept them. New technologies benefit industries by increasing output per capita this allows the industrialisation and stamps down its importance as a feature of modern economic growth. Technology has diffused largely between America and Western Europe. However pre-1914 only a few …
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showed last 75 words of 1801 total
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