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To What Extent Was Great Britain's Economic Position In 1700-1830

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Great Britain’s Economic Position in 1700-1830 Between 1700 and 1830, Great Britain secured its place in a dominant economic position. Joel Mokyr, a renowned economic historian, argued that there were many factors that went in to developing Great Britain’s economic position. Some of those factors were the commercial revolution, the agricultural revolution, and a large population increase. These all helped Britain lead the Industrial Revolution, which greatly improved the country’s economic standing. Part of the commercial revolution was the establishment of the Bank of England. It gave England an economic stability that other countries didn’t have. Britain had the most highly developed banking system in Europe. Britain was also dominating

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