The turbulence and costs of the 1793–1815 struggle—known to
Citations (1)
- The Rise and Fall of the Great Powers whole source · open book
The turbulence and costs of the 1793–1815 struggle—known to the nineteenth century as “the Great War”—caused conservatives and liberals alike to opt as far as possible for peace and stability, underpinned by devices as varied as the Concert of Europe or free-trade treaties. These conditions naturally encouraged long-term commercial and industrial investment, thereby stimulating the growth of a global economy.
chapter: Chapter 4 . Industrialization and the Shifting Global Balances, 1815–1885