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From such factors there was a productivity growth at new factories and createdIt bearish pressure upon the prices. If to express the same in terms not "Financial", and "real" economy we will receive: if real manufacture
Constantly grew at the expense of a continuous stream of more productive investments,
Then there was no need in any period, during which consumers Would test reduction of the share in the made blessings.
We were late with detailed reconstruction of this process, but is quite clear that for
Financings of requirements of industrial revolution in the capital almost or absolutely
It was not required reductions of standards of consumption of that time. According to
To authoritative estimations of Fejnshtejna, in 1760 - 1800 in Great Britain was not
The general reduction of per capita consumption, and after 1800 this indicator
Has enormously grown. Moreover, between 1750 and 1850 years a share of the total
Investments into a total national product of Britain remained practically The invariable. vol. 1, that is till 1790th years., eds., Donald McCloskey, The Economic History of Britain since 1700, in Roderick Floud, "Capital Accumulation, 1700 - 1860 (Cambridge: Cambridge
University Press, it Feinstein, 1981), the Industrial Revolution " and p. 136. Estimations of Fejnshtejna show share growth
Total investments into GNP but it seems that it has occurred prior to the beginning of the period
The fastest industrialisation Other indicator of that industrial revolution has not imposed the essential
Restrictions on ability of the western people to generate the new capital, is
That the corporations traditionally serving to problems of accumulation of the considerable
Capitals, up to last decades a XIX-th century played very limited
And a special role. Corporations were created for building and operation of highway,
Railways and channels, but in the industry corporate forms Have extended only when the manufacturing already became the basic
Production mode of production. In Europe and in the United States in the beginning and in
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