Why was the international diffusion of technology relatively fast between 1820 and 1914?
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A significant criterion of any industrial revolution is the diffusion of technology. However, it is not just gaining the technology that is significant but gaining foreign technologies and having the ability to implement and accept them. New technologies benefit industries by increasing output per capita this allows the industrialisation and stamps down its importance as a feature of modern economic growth. Technology has diffused largely between America and Western Europe. However pre-1914 only a few other countries experienced technological diffusion, mostly due to the fact that fewer…
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- Why was the international diffusion of technology relatively fast between 1820 and 1914?
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