Industrial Revolution · TURNING POINT ·
City of London as world banker (1914)
On the Industrial Revolution map as “The City of London”
1914 — Britain has lent about £4 billion abroad, around two-fifths of all the world’s foreign investment, in railways, mines and government bonds from Argentina to India. The first industrial nation is now the world’s banker.
- When
- Type
- Turning point
- Chapter
- Impact of the Industrial Revolution (chapter 12 of Industrial Revolution)
- Atlas
- The Industrial Revolution, 1750–1914
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