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For most of English history, the country was little more than self-sufficient. English prosperity really came about in the late 18th and early 19th century where England was on the forefront of modern economic theories. It was due to the early embrace of domestic capitalism, fed by the raw materials of the colonies (especially India and the Caribbean), and the development of industrial manufacture, that accelerated English development. With improved technologies and methods of production, England took its place as the most powerful empire in the world by the end of the 1800s.

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9y ago

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