Quotation of the Day…

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… is from page 177 of the 1983 second edition of Peter Mathias’s 1969 book, The First Industrial Nation: The Economic History of Britain 1700-1914:

But the economic expansion was such that income for the purchase of raw materials and food beyond the indigenous resources of the country in return for exports gave the opportunity for a general rise of material comforts to the numbers [of people in Britain] increasing so unprecedentedly.

This was a new phenomenon in the world’s history and it occurred only with industrialization.