The impact of Industrialisation Flashcards
When was the first bank in England established?
1694
How many banks were there by 1794?
119
How many banks were there by 1808?
800
When were county banks allowed to issue bank notes?
1794
When were caps on joint stock banking removed?
1826
Which act allowed joint stock banking and when?
banking co-partnership Act-1826
By 1866, how many stock banks were there, with how many branches nationwide?
154 stock banks
850 branches nationwide
In 1750, which two cities were the only two cities to have a population of over 50,000?
London and Edinburgh
By 1851 how many cities had a population over 100,000?
29
What was the population of London by 1851?
over 2.3 million
How much did carpenters’ wages between 1765 to 1795 increase by?
from 64% to 88%
Whose factories in Staffordshire saw wages rise more rapidly than any general labour?
Wedgewood’s factories
What was the rate that Urban areas grew by between 1801-51?
23% to 29%
By 1800 what percent of people lived in towns, what was this percentage by 1880?
25% and 80%
What did trade and transport grow from between 1760 to 1860 due to national capital invest in industry?
from 5% to 26%