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advance areas Bank of France banks Belgium blast furnace Britain British capital cent cheap chemical coal commercial competition consumption continental continued cost cotton countries decades demand early economic development Economic Growth Economic History effect efficiency effort eighteenth century electrical energy engine enterprise entrepreneurial equipment European example expansion exports factory firms foreign France French fuel furnaces gains Germany hand important improvements income increase Industrial Revolution innovation investment iron and steel labour Lancashire less London looms machine major manufacture materials mechanization ment metal metallurgy million mills Moreover motor Newcomen engine nineteenth century output Paris period pig iron plant political possible postwar power loom production Prussia puddling furnace Reichsbank result rise social spindles statistics steam steam-engine supply technique technological textile tion tons trade traditional turn United Kingdom Verviers water frames wool workers wrought iron yarn Zollverein
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